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Bank of France's Villeroy says Fed's Powell is "model of integrity"

BY Reuters | ECONOMIC | 12:32 PM EST

PARIS, Jan 12 (Reuters) - Bank of France Governor Francois Villeroy de Galhau offered on Monday his ?support to his embattled U.S. counterpart ?Jerome Powell, describing the ?head of the U.S. ?Federal Reserve ?as a "model of integrity".

The Trump ?administration has ?piled pressure on Powell, threatening to indict him ?over comment ?to ?Congress about a building renovation project, the latest development in ?a long-running effort Trump to push the Fed to dramatically lower rates.

"Regarding the Fed, I want to ?reiterate ?loudly and clearly my full solidarity and my ?admiration for Jay Powell, a model of integrity and commitment to the public interest," Villeroy said in a New ?Year's address to the French financial sector. (Reporting by Leigh Thomas; ?Editing by Benoit Van Overstraeten)

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