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Trump’s Fed putsch unlikely to embolden copycats

Local experts weigh in on the Trump administration’s criminal investigation into Fed chair Jerome Powell.

US President Donald Trump.

Escalating tensions between the United States' Trump administration and the chair of the US Federal Reserve are unlikely to embolden other state leaders to challenge their own central banks' independence.

In a rare video address on Sunday evening (local time), Federal Reserve chair Jerome Powell

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Nicholas Pointon Wed, 14 Jan 2026
Contact the Writer: nicholas@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Trump’s Fed putsch unlikely to embolden copycats
Investment,
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