Nick Timiraos|3月 04, 2026 02:28
Any lawyer’s advice would have been to keep quiet. But Powell had decided to break the seal on the DOJ probe. All that was left was getting the words right. His lawyer drove to his house and helped him flip the script.
The question now is whether the Fed has won a battle while losing a war. “I’m very pessimistic about whether the U.S. can avoid total partisan control of monetary policy over the remainder of Trump’s term,” said one former top adviser.
Inside the fight that could determine whether the Fed stays independent or becomes the next institution bent to the president’s will.
https://www.wsj.com/politics/policy/federal-reserve-independence-trump-8890ef78?st=KgQ3Km&reflink=desktopwebshare_permalink(Nick Timiraos)
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