Statement of Federal Reserve Chair Jerome Powell in response to the threat of criminal charges

Good evening. On Friday, the Department of Justice served the Federal Reserve with grand jury subpoenas, threatening a criminal indictment related to my testi

Statement signed by 13 former senior officials condemns ‘unprecedented’ assault on Fed’s independence

The previous three chairs of the Federal Reserve slammed the Department of Justice’s probe into the central bank and Chair Jerome Powell on Monday. Alan Greenspan, Ben Bernanke and Janet Yellen wer…

The Federal Reserve’s independence and the public’s perception of that independence are critical for economic performance, including achieving the goals Congress has set for the Federal Reserve of stable prices, maximum employment, and moderate long-term interest rates.

Trump allies fear that the inquiry into the Fed chair could complicate the process of replacing him this year.