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BTCC / BTCC Square / Global Cryptocurrency /
Elizabeth Warren Shifts Stance on Fed Chair Powell Amid Political Tensions

Elizabeth Warren Shifts Stance on Fed Chair Powell Amid Political Tensions

Author:
Global Cryptocurrency
Published:
2025-05-02 10:19:02
8
3

Senator Elizabeth Warren, a long-time critic of Federal Reserve Chair Jerome Powell, is now defending him against attacks from former President Donald Trump. Warren previously accused Powell of fostering a "culture of corruption" at the Fed and weakening bank regulations, but her stance has shifted as Trump re-enters the political arena.

Warren’s pivot reflects her distrust of Trump’s ability to maintain the Fed’s political neutrality. While she remains at odds with Powell’s policies, she views him as a lesser evil compared to the potential risks of Trump’s influence. The dynamic underscores the high-stakes interplay between monetary policy and political maneuvering in Washington.

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