Donald Trump has launched new attacks against Federal Reserve Chairman Jerome Powell, accusing him of incompetence and corruption, in the context of a criminal investigation initiated by the Department of Justice. Trump emphasized that the renovation of the Fed's headquarters, a costly project, is an example of mismanagement of the budget. Criticism of the investigation has increased, including from political leaders and the financial sector, who underline the importance of the Fed's independence. Jamie Dimon, CEO of JPMorgan Chase, warned that political interference could negatively affect the economy, and Senator John Kennedy mentioned that a conflict between the Fed and the White House could lead to an increase in interest rates. Despite the criticism, federal prosecutor Jeanine Pirro stated that the investigation will continue, emphasizing that authorities have not received responses from the Fed to their requests.
Sources
Latest News
20:19
Rafael Nadal will play in front of the public again on October 3 at his academy in Manacor
20:09
Foreign Ministry investigates closure of Romanian-language class in Ukraine / Odesa Consulate to discuss the case on September 18
19:57
The Bucharest Court of Appeal annulled the ANRE fine imposed on Tinmar Energy for allegedly manipulating the energy market
19:54
European Parliament approves reform of the EU Customs Code / New fees for parcels from outside the Union and a European customs authority
19:52
A Romanian woman and her French partner were killed in Portugal; suspect arrested with cash and jewelry
See more news