Former Fed chairs, Treasury secretaries defend Jerome Powell amid Trump DOJ's criminal probe
Fox Business·2026-01-12 17:21

A group of former Federal Reserve chairs and Treasury secretaries released a joint statement defending Fed Chair Jerome Powell after he revealed the Trump administration's Justice Department is threatening to criminally indict him over his testimony about the Fed's renovations. The group includes former Fed Chairs Ben Bernanke, Allen Greenspan and Janet Yellen, as well as former Treasury Secretaries Timothy Geithner and Henry Paulson, plus several former chairs of the Council of Economic Advisers who served ...