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   News alert: Powell warns against politicizing the Fed
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   His first public remarks since stepping down as chair.
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              <a data-linktext="Jerome Powell warns that political pressure on the Fed would cost the public's trust" data-linktype="Normal" style="color:#105C8E;text-decoration:none" target="_blank">
               Jerome Powell warns 
that political pressure on the Fed would cost the public's trust
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              Former Federal Reserve Chair Jerome Powell warned Sunday that any administration that removes Fed officials over policy differences would cause the public to lose faith in the central bank — his first public remarks since stepping down as chair on May 15. Speaking at the
JFK Library in Boston while accepting a Profile in Courage Award, Powell described the Fed's credibility as a "priceless asset" built over decades. He catalogued the pressures he faced during his tenure, including a White House demand that he resign, a federal criminal probe into the Fed's headquarters renovation, and a push to remove Fed Governor Lisa Cook from her post.
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