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The Guardian - US
The Guardian - US
World
Kira Lerner in Washington

Trump’s attempt to control Fed ‘undermines America’, Elizabeth Warren warns

a woman in blue shirt speaks with hands gestured
Senator Elizabeth Warren holds a discussion at the National Press Building on Monday in Washington DC. Photograph: Heather Diehl/Getty Images

Elizabeth Warren said on Monday that Donald Trump’s attempts to control the Federal Reserve “undermines America all around the world” as the Democratic senator laid out a path for the future of the Democratic party focused on economic policies.

In remarks at the National Press Club in Washington DC, the Massachusetts senator, who chairs the Senate banking committee, decried the US president’s latest attempt to weaken the central bank’s independence after the Department of Justice opened a criminal investigation into its chair, Jerome Powell.

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