Fed Chair Jerome Powell faces a precarious balancing act amid criticism from Republicans and Democrats who claim he ‘gave in to bullying’

Powell holds firm in the face of pressure from both parties. “The Fed isn’t immune to politics, but it’s not subject to them either,” Columbia prof says.

Fed Chair Jerome Powell faces a precarious balancing act amid criticism from Republicans and Democrats who claim he ‘gave in to bullying’
Powell holds firm in the face of pressure from both parties. “The Fed isn’t immune to politics, but it’s not subject to them either,” Columbia prof says.