USA FED: Concerns Rise Over Central Bank Independence Under Trump
Edited By WION Video Desk
Published: Jan 14, 2026, 10:51 IST | Updated: Jan 14, 2026, 10:51 IST
US President Donald Trump has said he will announce his nominee to replace Federal Reserve Chair Jerome Powell within the next few weeks, intensifying a growing standoff between the White House and the central bank. The comments come after Powell revealed that the Department of Justice has issued grand jury subpoenas to the Federal Reserve, raising fears of political pressure on the institution despite easing inflation data.
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