Powell Vows to Reject Improper Requests Even If Trump Demands Them
2026-07-15 23:21

Woofun AI reports that Federal Reserve Chair Jerome Powell addressed potential political interference during the "Federal Reserve Semiannual Monetary Policy Report" hearing. When questioned about communications with President Trump, Powell declined to provide details but confirmed that the President has not sought to influence monetary policy decisions. Powell emphasized his commitment to independence, stating that even if Trump were to request improper actions, he would remain indifferent and refuse to comply.

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