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Ex-Fed Chairs Make a Joint Statement on Trump’s DOJ Probe of Powell—and They Don’t Hold Back

10 0
13.01.2026

Some lawmakers claim the U.S. could become “uninvestable” if the Federal Reserve loses its independence.

BY MELISSA ANGELL, POLICY CORRESPONDENT @MELISSKAWRITES

Jerome Powell. Photo: Getty Images

Lawmakers and former Federal Reserve officials are standing up to the Department of Justice’s recent probe into the Federal Reserve as concerns over the Fed’s independence magnify. 

A trio of former Fed Chairs including Ben Bernanke, Alan Greenspan, and Janet Yellen—joined by 10 other economic experts from the Biden, Obama, Clinton and Bush administrations—slammed........

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