DOJ's probe into Powell sparks backlash over the Fed's independence

Core Viewpoint - The criminal investigation of Federal Reserve Chair Jerome Powell by the Trump administration is strengthening the support for the U.S. central bank against President Donald Trump's attempts to exert control over it [1] Group 1 - The investigation is perceived as a challenge to the independence of the Federal Reserve [1] - Defenders of the Federal Reserve are becoming more vocal in their support for Powell amid the investigation [1] - The situation highlights the ongoing tension between the Trump administration and the Federal Reserve [1]