Expresidentes de la Fed denuncian un ataque contra la independencia del banco central

Donald Trump (d.) y Jerome Powell, presidente de la FED. Foto: AFP

Expresidentes de la Fed denuncian un ataque contra la independencia del banco central

TL;DR

  • Former Federal Reserve chairs have jointly criticized a criminal investigation into Fed Chair Jerome Powell.
  • They described the investigation as an unprecedented attempt to undermine the Fed's independence.
  • Powell stated the Justice Department subpoena is related to his Senate testimony about Fed office renovations.
  • Powell believes the subpoena is a result of the Fed setting interest rates independently of President Trump's preferences.
  • President Trump has been pressuring the Fed to drastically lower interest rates.
  • The situation has caused market instability, with stock markets declining and gold/silver prices rising.
  • Some Republican lawmakers have publicly disapproved of the situation, citing risks to economic stability.
  • Senator Lisa Murkowski and Senator Tom Tillis have indicated they will not support Trump's Fed nominees while the issue persists.