Former Fed chairs condemn criminal investigation into Jerome Powell
Three former heads of the central bank say the probe seeks to undermine the Fed's independence and "has no place" in the US.
www.bbc.co.ukI don’t have live access to up-to-the-minute feeds right now, but here’s a concise update based on recent reporting up to now.
- Jerome Powell has been the subject of ongoing coverage due to his role as Federal Reserve Chair and related policy decisions, including public remarks and testimony on inflation, interest-rate policy, and the Fed’s independence. These stories frequently highlight debates over monetary policy pace and recent Fed communications.[4][8]
- In early 2026, several outlets reported on a high-profile criminal probe involving Powell related to testimony about Fed headquarters renovations, with varying claims about subpoenas, potential charges, and the broader implications for central bank independence. Coverage includes reactions from former Fed officials and political figures, as well as Powell’s response characterizing the probe as unprecedented intimidation.[2][3][5][4]
- Major outlets have also covered Powell’s public appearances and statements at conferences and during Fed policy meetings, including discussions of rate decisions and the Fed’s stance on inflation and labor market conditions. These pieces often emphasize the balance between stabilizing prices and supporting employment, as well as the Fed’s communication strategy.[8][10]
If you’d like, I can:
- Pull the latest headlines from specific outlets you trust.
- Summarize Powell’s most recent public remarks and the market reaction.
- Track developments in the investigation and its implications for Fed independence with brief, sourced bullets.