The US Department of Justice has launched a criminal investigation into Federal Reserve Chair Jerome Powell.
Yahoo Finance Senior Fed Reporter Jennifer Schonberger breaks down this investigation and highlights of President Trump and Chair Powell’s rocky relationship.
Harvard University professor Jason Furman, who also led the Council of Economic Advisors under President Obama, thinks that, ultimately, Powell will be the one who comes out on top.
Princeton University professor of economics and public affairs and former Fed vice chair Alan Blinder tells Yahoo Finance the investigation could ironically mean Powell stays in his position for longer as legal matters are sorted.
#youtube #FederalReserve #Trump #DOJ #powell
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