LBCI

Powell says decision to stay on at Fed for a time reflects his concern over legal attacks

World News

29-04-2026 | 15:25

Share

Share

Powell says decision to stay on at Fed for a time reflects his concern over legal attacks

2^min

Federal Reserve Chair Jerome Powell said that he will leave the U.S. central bank when "I think it's ‌appropriate to do so," and said that this reflects his concern about the series of legal attacks on the Fed that threaten its ability to conduct ⁠monetary policy.

"I worry that these attacks are battering the institution and putting at risk the thing that really matters to the public, which is the ability to conduct monetary policy without taking into consideration political factors," Powell told a news conference after his ‌last ⁠policy meeting as chair.

He said it was important for Americans to be able to depend on a central bank free of political influence.

"It's ⁠part of the absolute foundation of this amazing economy that we have. It's just one of ⁠the many reasons why the U.S. economy is the envy of the world," ⁠Powell said, adding that his decision was not about verbal criticism from elected officials.

Reuters

World News

United States

Federal Reserve

Jerome Powell

Next

Russia says OPEC+ will continue after UAE exit, no price war expected

Trump welcomes United Arab Emirates exit from OPEC

Previous

Recommended For You

Dolly Parton, queen of country music, dies at 80

02:46

Dolly Parton, queen of country music, dies at 80

Trump says Strait of Hormuz has been demined, warns Iran not to plant more

12:15

Trump says Strait of Hormuz has been demined, warns Iran not to plant more

Trump says executions of Iran protesters must stop

07:58

Trump says executions of Iran protesters must stop

US prepares to send diplomats back to Middle East embassies after Iran war evacuations: NYT

06:18

US prepares to send diplomats back to Middle East embassies after Iran war evacuations: NYT

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Iran executes man convicted of spying for Israel

Middle East News

2026-05-13

Iran executes man convicted of spying for Israel

UAE air defenses 'actively engaging' with Iran missiles, drones: Ministry

Middle East News

2026-05-05

UAE air defenses 'actively engaging' with Iran missiles, drones: Ministry

Zelensky says pipeline taking Russian oil to Hungary will reopen by end of April

2026-04-14

Zelensky says pipeline taking Russian oil to Hungary will reopen by end of April

Macron says no country should be 'overlord' of another

2026-02-19

Macron says no country should be 'overlord' of another

Videos

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

2026-08-06

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

2026-07-24

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

2026-07-20

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

2026-06-26

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

Rubio on Lebanon-Israel framework agreement: 'beginning of the beginning,' more work needed

2026-06-26

Rubio on Lebanon-Israel framework agreement: 'beginning of the beginning,' more work needed

Lebanon, Israel sign trilateral framework agreement after Washington talks attended by Rubio: Video

2026-06-26

Lebanon, Israel sign trilateral framework agreement after Washington talks attended by Rubio: Video

Israeli strikes renew on Choukine, Maifadoun, and Nabatieh al-Fawqa in southern Lebanon: Video

2026-06-20

Israeli strikes renew on Choukine, Maifadoun, and Nabatieh al-Fawqa in southern Lebanon: Video

Massive Israeli strikes hit South Lebanon under ceasefire conditions

2026-06-19

Massive Israeli strikes hit South Lebanon under ceasefire conditions

Trump criticizes Israel’s Lebanon campaign, says war has gone on ‘too long’ and floats Syria role in conflict

2026-06-16

Trump criticizes Israel’s Lebanon campaign, says war has gone on ‘too long’ and floats Syria role in conflict

Most read

24 hours

7 days

Month

Lebanon and Syria discuss port and railway links to boost economic integration

1

Lebanon and Syria discuss port and railway links to boost economic integration

Lebanon's electricity authority starts cutting power over $258 million in unpaid bills

2

Lebanon's electricity authority starts cutting power over $258 million in unpaid bills

Israel warns Syria from occupied Golan as calls grow to resume talks with Damascus

3

Israel warns Syria from occupied Golan as calls grow to resume talks with Damascus

The price of speed and distraction on Lebanon's roads

4

The price of speed and distraction on Lebanon's roads

US prepares to send diplomats back to Middle East embassies after Iran war evacuations: NYT

5

US prepares to send diplomats back to Middle East embassies after Iran war evacuations: NYT

UN chief 'greatly alarmed' as Israeli forces enter Palestinian refugee facility

6

UN chief 'greatly alarmed' as Israeli forces enter Palestinian refugee facility

Trump says executions of Iran protesters must stop

7

Trump says executions of Iran protesters must stop

Syria slams Israeli minister's 'illegal' visit to country's south

8

Syria slams Israeli minister's 'illegal' visit to country's south

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More