Powell probe: 'I don't think this is helping ordinary Americans at all', economist says

France 24Monday, January 12, 2026 at 10:20:27 PM
Powell probe: 'I don't think this is helping ordinary Americans at all', economist says
  • Atakan Bakiskan, an economist at Berenberg Private Bank, expressed concerns in an interview with FRANCE 24 regarding the potential loss of political independence for the US Federal Reserve if Chair Jerome Powell resigns and if the Supreme Court permits the firing of Fed Governor Lisa Cook, which would result in a board dominated by Trump appointees.
  • This situation raises significant implications for the Federal Reserve's decision-making process and its ability to operate independently, potentially affecting economic policies that impact ordinary Americans negatively.
— via World Pulse Now AI Editorial System

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