Several major central bank governors worldwide issued a joint statement on Tuesday in support of Federal Reserve Chairman Powell

Odaily Planet Daily reports that several major central bank governors worldwide issued a joint statement on Tuesday, supporting Federal Reserve Chairman Jerome Powell, who was previously threatened by the Trump administration with criminal charges. In the statement, the European Central Bank, the Bank of England, and nine other central bank governors stated: “We stand in full solidarity with the Federal Reserve system and its Chairman Powell.” They added, “The independence of central banks is the cornerstone of maintaining price, financial, and economic stability, and it concerns the interests of the people we serve.” The U.S. government’s criminal investigation is ostensibly related to renovations at the Federal Reserve headquarters, but Powell described this as a “pretext” aimed at giving the president influence over interest rates. (Gold Ten)