Coyne Affair: The Unprecedented Public Spat Between the Bank of Canada Governor and the PM

Bank of Canada Governor James E. Coyne (C) holds a press conference in Ottawa on June 13, 1961, in connection with his statement that he had been asked to resign but had refused. He stepped down a month later. CP PHOTO

Commentary

Former U.S. President Donald Trump said earlier this month that if he returns to the White House he won’t reappoint Federal Reserve Chair Jerome Powell. The two often sparred during Trump’s tenure as president, a rarity in U.S. politics.