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  1. Trump pressured the central bank regarding interest rates while media reports detailed the civil investigation into his conduct.
  2. The FED leadership is under pressure from the administration, evidenced by the appointment of a new chair, amid ongoing criticism from Donald Trump and economic impacts from the Iran attacks.

Jerome Powell delivered testimonies to the Senate on May 20, 2026.

2 reports, 1 independent Updated May 20
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Jerome Powell delivered testimonies to the Senate on May 20, 2026.

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Jerome PowellSenate

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  1. Powell testified before the Senate, relating to FED leadership dynamics.1 source
  2. Jerome Powell is scheduled to testify before Congress.

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The FED leadership is under pressure from the administration, evidenced by the appointment of a new chair, amid ongoing criticism from Donald Trump and economic impacts from the Iran attacks.

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Within Trump pressured the central bank regarding interest rates while media reports detailed the civil investigation into his conduct.

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