Central Bank chiefs from around the world lined up in support of Federal Reserve chair Jerome Powell on Tuesday, issuing an unprecedented statement of solidarity after the Trump administration threatened him with a criminal indictment.
Powell has been threatened with indictment over Congressional testimony he gave last summer about the renovation of the Feds headquarters, which he has called a pretext to win presidential influence over interest rates.
We stand in full solidarity with the Federal Reserve System and its Chair Jerome H. Powell, the central bankers said in a rare joint statement.
