Senator condemned president’s bid to weaken central bank’s independence and examined Democrats’ future
Fed chair investigation – live updates
Democratic senator Elizabeth Warren said on Monday that Donald Trump’s attempts to control the Federal Reserve “undermines America all around the world” as she laid out a path for the future of the Democratic party focused on economic policies.
In remarks at the National Press Club in Washington DC, the Massachusetts senator, who chairs the Senate banking committee, decried the US president’s latest attempt to weaken the central bank’s independence after the Department of Justice opened a criminal investigation into its chair, Jerome Powell.
Continue reading…
Source link : https://www.theguardian.com/us-news/2026/jan/12/trump-federal-reserve-elizabeth-warren
Author : Kira Lerner in Washington
Publish date : 2026-01-12 18:04:00
Copyright for syndicated content belongs to the linked Source.
