In Boston, former Federal Reserve Chair Jerome Powell used one…

In Boston, former Federal Reserve Chair Jerome Powell used one of his first major public appearances since leaving office to issue a powerful warning against undue political pressure. Accepting an award honoring his efforts to preserve the central bank’s independence, Powell underscored the critical importance of safeguarding the autonomy of essential institutions, specifically citing the Federal Reserve itself, the nation’s courts, and its educational systems. His remarks highlighted ongoing concerns about the erosion of institutional independence from partisan influence.