For years, Fed Chair Jerome Powell responded to President Trump’s broadsides in ways that generally avoided escalation. That changed on Sunday night, writes Nick Timiraos.

You are currently viewing For years, Fed Chair Jerome Powell responded to President Trump’s broadsides in ways that generally avoided escalation. That changed on Sunday night, writes Nick Timiraos.

For years, Fed Chair Jerome Powell responded to President Trump’s broadsides in ways that generally avoided escalation. That changed on Sunday night, writes Nick Timiraos.




After receiving grand jury subpoenas, the Fed chair spent the weekend deciding how to respond. By Sunday, he had his answer.
2026-01-12 10:30:00
Nick Timiraos