News-News.Zip

News in English (USA) / 26.05.2025 / 11:00

Federal Reserve Chair Jerome Powell Defends Central Bank and Urges Civic Engagement at Princeton Commencement

In a recent speech at Princeton University, Federal Reserve Chair Jerome Powell defended the institution against ongoing attacks from former President Donald Trump. Powell emphasized the importance of integrity and public service, urging graduates and university students to embrace risks and actively participate in safeguarding democracy. He highlighted the value of U.S. universities and expressed concern that students should not take their educational opportunities for granted. While he refrained from commenting on economic policy, his remarks sparked discussions about the role of public service amid political pressures.
Business Insider, AP News, Financial Times, Fortune, Fox Business, "Barrons", CNN, Princeton University, Eagle-Tribune, MSN