Fed Investigation Raises Three Questions About Independence
An already fraught relationship between Powell and the White House becomes even harder to predict.
Fed Chair Jerome Powell.
Photographer: Saul Loeb/AFP/Getty Images
A statement released on Sunday by Federal Reserve Chair Jerome Powell rocked Washington and financial circles, as it became clear the Department of Justice was investigating statements surrounding the renovation of the central bank’s headquarters. Enda Curran, who covers the Fed in Washington, writes today about what lies ahead. Plus: The Klaros Group helps would-be banks reach their goal, a new episode of Industry takes on fintechs, and a memoir offers a day trader’s look at the manosphere.
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