Nicolas Jabko is Professor of Political Science at Johns Hopkins University and the author of Technocrats in Turmoil: The Fed, the ECB, and the Changing Politics of Money.
It may be tempting to regard US President Donald Trump’s attacks on the Federal Reserve as a personal vendetta against outgoing Chair Jerome Powell. But Trump’s hostility reflects a broader trend: the erosion of conservative support for independent central banks worldwide.
Nicolas Jabko
May 13, 2026 at 3:52 AM IST
White House