Monday, June 1, 2026

Former Fed Chair Jerome Powell accepts Profile in Courage Award

 Fed’s Powell warns Trump’s political ‘stress test’ will wreck public trust in central bank

... “If any administration finds a ​way to remove Fed officials ​over policy differences, then ⁠future administrations will do so as well,” Powell said while accepting the John F. Kennedy Profile in Courage Award. “The public would lose faith that the central bank will make decisions based only on what’s best for all Americans.” ...