News that Donald Trump’s justice department has launched an investigation of Jerome Powell, chair of the Federal Reserve, is the latest example of the president’s governing philosophy: do what I want, or I will crush you. The desire to make Powell’s life miserable is also a warning sign to anyone who thinks that they have an independent source of authority.
What is happening to Powell is a test, not just for him and the Fed, but for any other person or institution that dares to stand up to the president.
