Federal Reserve’s Jay Powell urges US university students to protect democracy

Unlock FREE White House Watch Newsletter

Washington, Trump’s second word for business and the world is your guide for him

The Federal Reserve Chair Jay Powell called on American universities to protect democracy while praising American universities as “an important national resource”, the Trump administration has raised its attack on higher education a few days later.

“We have led the world in various ways including scientific innovation and economic mobility,” the US central banker told students in a starting speech on Princeton on Sunday. “Our great universities are the world’s vy rhythm and an important national resource” “”

Trump administration is banned this week Harvard University From the admission of international students, the latest attack on the Ivy League that is felt about leftist industrial and antisemitism. It has canceled the students’ visa and the colleges have demanded information on which students participated in the protest.

While doing exalting American UniversityPowell, who himself came under the US President’s attack, called on Princeton Graduates to “not take any of them for dignity.”

“When you look back in 50 years, you will want to know that you have done everything you have done to preserve and strengthen our democracy and bring more to our founders’ timeless ideals,” Fed said.

Harvard’s bar, which kept the future of more than 6,500 in Limbo, was temporarily Blocked By a judge of the US District Court on Friday.

The administration has reduced billions of funds for higher education in the United States, to provide European countries like France to provide academic terms to the top scholars in the United States.

Ivy League colleges, including Harvard and Princeton and six other universities, are regular top world ranking.

Powell 2025 to take risks in the class, consider public service and their honesty “cautioned” to protect “.

“After fifty years from now, you will want to be able to see in the mirror and know that you have done what you thought to be right in every part of your life,” Fed said the chair.

“At the end of the day, your integrity is what you have” ”

Powell appointed Trump in his first term, but is now on fire from the president to not cut interest rates fast.

The US president identified him as “Mr. Mr. Hara” after the Fed’s interest rate between 8.25 and 5.5 percent this year.

Powell and other feeding officials say they cannot reduce interest rates until it becomes clear that the President’s World Trade War will not trigger another wave of US inflation.

Kevin Hasset, head of Trump’s National Economic Council last month, indicated that the administration would continue to study “ways to dismiss Powell before his expiry next May.” Trump has since said that he has “no purpose” to dismiss Fed’s chair.

Powell, who wants to serve in his full term, says he believes that dismissing him because of the difference in opinion on financial policies is not allowed under the “Act”.

An opinion of the Supreme Court issued by this week has indicated that nine top judges from the United States have believed that Fed does not have the right to interfere with the freedom of the White House because it has fired members of the central bank’s loss committee.