AP
Who is Jerome Powell, head of the U.S. Federal Reserve?
Powell has been head of the Federal Reserve since Donald Trump's first term, but has come to blows with the President over interest rates. Now Powell has said the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony this summer about the Fed’s building renovations. But who is Powell, and how has he ended up in Trump's crosshairs?
As featured on
Firing Jerome Powell would threaten the Fed's independence, which has long been supported by most economists and Wall Street investors. Here's some background on why.
