Krugman Says Pirro Is Harassing Fed Chair Powell

A federal judge has blocked a federal investigation into Federal Reserve Chair Jerome Powell. Nobel laureate Paul Krugman said President Trump and US Attorney for the District of Columbia Jeanine Pirro are 'harassing' Powell, framing the episode as political pressure that could raise concerns about Fed independence and add to policy uncertainty.

Analysis

A federal judge has blocked a federal investigation into Federal Reserve Chair Jerome Powell. Nobel laureate Paul Krugman said President Trump and US Attorney for the District of Columbia Jeanine Pirro are 'harassing' Powell, framing the episode as political pressure that could raise concerns about Fed independence and add to policy uncertainty.