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The Independent UK
The Independent UK
World
David McHugh

Top central bankers express 'full solidarity' with Fed Chair Powell in clash with Trump

Trump Powell Federal Reserve - (Copyright 2026 The Associated Press. All rights reserved)

Central bankers from around the world said Tuesday they “stand in full solidarity” with U.S. Federal Reserve Chair Jerome Powell, after President Donald Trump dramatically escalated his confrontation with the Fed with the Justice Department investigating and threatening criminal charges.

Powell “has served with integrity, focused on his mandate and an unwavering commitment to the public interest," read the statement signed by nine national central bank heads including European Central Bank President Christine Lagarde and Bank of England Governor Andrew Bailey.

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