Central Bank Independence News & Updates

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Federal Reserve independence threatened by unprecedented Department of Justice investigation into Jerome Powell's conduct

Federal Reserve Independence Under Unprecedented Attack: Powell Slams DOJ Probe as Political Pressure Tactic

January 12, 2026 j n

WASHINGTON, D.C. — March 15, 2025: Federal Reserve Chair Jerome Powell has launched a forceful defense of central bank autonomy, characterizing a Department of Justice investigation into his conduct as an “unprecedented attack” on the institution’s independence. The escalating confrontation between America’s monetary authority and federal prosecutors represents what financial historians describe as the most […]