Trump and Fed Chair Powell Clash as Central Banks Choose Sides.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 13 2026
0mins
Source: Barron's
Support for Jerome Powell: Ten leading central bankers expressed their support for Federal Reserve Chair Jerome Powell amid threats from the Trump administration regarding potential criminal charges.
Political Pressure on the Fed: The situation highlights the increasing political pressure on the Federal Reserve and its leadership, raising concerns about the independence of central banking.
Implications for Monetary Policy: The threats against Powell could have implications for monetary policy decisions and the overall economic stability in the U.S.
Global Central Bank Solidarity: The backing from global central bankers underscores a collective stance on maintaining the integrity and independence of central banking institutions worldwide.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
