Republican lawmakers break from US president on Fed chair indictment | Banks News
Former Federal Reserve chairs called the indictment an ‘unprecedented attempt’ to undermine the independence of the US central bank in a joint letter. Published On 12 Jan 202612 Jan 2026 Click here to share on social media share2 Share United States Senator Lisa Murkowski threw her support behind fellow Republican Thom Tillis’s plan to block President Donald Trump’s Fed nominees after the Justice Department over the weekend threatened to indict Fed Chairman Jerome Powell. “The stakes are too high to look the other way: if the Federal Reserve loses its independence, the stability of our markets and the broader economy










