· gop lawmakers are challenging the trump administration’ s investigation of powell a week after five republican senators voted to advance a war powers resolution to bar trump from taking military. · the heads of 10 central banks and other financial institutions say its critical to preserve the fed s independence , as powell is pressured by the trump administration. Ai-generated content sometimes contains inaccurate or incomplete information. · powell threatened with indictment over fed renovation testimony statement in support of fed chief signed by 11 central bank peers trump again demands big fed rate cut, says hell name powell s. Federal reserve chair jerome powell , after president donald trump dramatically escalated his. Click on a trending topic to learn more about it. Federal reserve governor stephen miran has turned a normally clubby central banking dispute into a pointed public rebuke, criticizing foreign officials who rushed to defend chair jerome powell in. · the trump administration s hardball tactics could backfire, leading fed officials to keep interest rates higher for longer to demonstrate the fed s independence from white house control. Yahoo is using openai to generate summaries for this content. · a justice department probe of the federal reserve marks the latest escalation in the trump administration s effort to bend the independent central bank to the president s will. · central bankers from around the world said tuesday they “stand in full solidarity” with u.