Jerome Powell, the Federal Reserve Chair, faces a fierce barrage from a coalition of high-profile figures threatening his tenure, which extends to May 2026.
Over the past two weeks, President Donald Trump, Federal Housing Finance Agency (FHFA) Director Bill Pulte, White House Press Secretary Karoline Leavitt, congressional allies and Treasury Secretary Scott Bessent have all escalated attacks, accusing Powell of mismanagement, political bias and deceptive conduct.
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Author: Siamak Masnavi