Tag Archives: Adriana Kugler

Fed chair responds to ‘political pressure, intimidation’ by Trump’s Justice Department

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Federal Reserve Chair Jerome Powell issued a rare warning in a video statement on Sunday that the Fed’s independence was under threat of political intimidation, as evidenced by grand jury subpoenas served to the bank on Friday by the DOJ under what Pow… Continue reading →

Fed patches a potential chink in armor protecting its independence

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A vote to reappoint 11 of the Fed’s 12 regional bank presidents puts an end to speculation that Trump administration might try to unseat inflation hawks opposed to interest rate cuts. Continue reading →

Fallout over Fed policymakers’ investments reshaping the board

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The resignation of Biden appointee Adriana Kugler and pending retirement of Atlanta Fed President Raphael Bostic renews speculation that Trump will seek to undermine Fed independence. Continue reading →