Jerome Powell: The Fed Chair Who Fought Back

For years, Jerome Powell tried not to fight Donald Trump in public. Then the subpoenas arrived. And one Sunday night in January, the Federal Reserve chair released a surprise video message to the American people.No dramatic set, just Powell alone against a blue backdrop, accusing the White House of trying to intimidate the central bank. The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public rather than followin ...