Elizabeth Warren and Dick Durbin Seek Records Over Trump Pressure on Jerome Powell

Senators Elizabeth Warren and Dick Durbin requested records from the Trump administration regarding a criminal investigation into Jerome Powell as the Federal Reserve chair prepares for a landmark Supreme Court hearing.The legal battle centers on the attempted removal of Governor Lisa Cook and subpoenas issued to Jerome Powell over building renovation costs, which critics label an authoritarian attempt to seize control of monetary policy.While the Supreme Court weighs presidential authority to dismiss central bank officials, international leaders like Christine Lagarde from the EU have expressed support for the independence of the financial institution in the USA.