Central Banks

Despite Trump's Criticism, Powell Keeps Congress on His Side

Jerome Powell
Photographer: Tierney L. Cross/Bloomberg

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By Amara Omeokwe, Saleha Mohsin, Nancy Cook, and Steven T. Dennis

May 8, 2025 at 4:23 PM UTC

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Under relentless attack from President Donald Trump, Jerome Powell needs all the allies he can get — and he has plenty in Congress, including among Republicans who show little appetite for ditching the Federal Reserve chief.