Sherman to Fed Chair Powell: Protect Fed's Independence from Trump

February 12, 2025 Press Release WASHINGTON, D.C. — Today, during a House Financial Services Committee hearing, Congressman Brad Sherman (CA-32) questioned Federal Reserve Chairman Jerome Powell. "Fed Chairman Jerome Powell might be one of the only people left in Washington with support on both sides of the aisle," said Congressman Sherman. "At today’s hearing, I urged Powell to maintain the Fed’s independence and ignore demands by Trump." Watch Sherman Question Powell: Image Issues : Consumer Protection Economy Taxes and Trade