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
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.