Top bankers from around the world react to Fed Chair Powell's DOJ battle with Trump
Fastcompany·2026-01-13 16:31

Core Viewpoint - Central bankers globally express solidarity with U.S. Federal Reserve Chair Jerome Powell amid President Trump's escalating confrontation with the Fed, including a Justice Department investigation and threats of criminal charges [1] Group 1: Central Bankers' Support - Nine national central bank heads, including Christine Lagarde and Andrew Bailey, affirm Powell's integrity and commitment to public interest [1] - The statement emphasizes the importance of central bank independence for maintaining price, financial, and economic stability [1] Group 2: Importance of Independence - Central bankers highlight that preserving the independence of central banks is critical for serving citizens and upholding the rule of law and democratic accountability [1]