Lesh
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- Dec 21, 2016
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The term “trumped up charges” has taken on a whole new meaningPowell investigation: Drumbeat of Republican opposition grows on Capitol Hill
Republican protests are growing louder on Capitol Hill as the Trump administration’s Department of Justice pursues a criminal investigation into Federal Reserve Chair Jerome Powell.
Powell on Sunday night revealed that the Justice Department opened an investigation into his handling of renovations to the central bank’s headquarters and his testimony about the matter to Congress. Powell said the investigation was an attempt to intimidate him as he lowers interest rates at a slower pace than President Donald Trump desires.
The GOP resistance could derail his eventual pick to succeed Powell when the Fed chief’s term is up in May, as North Carolina Republican Sen. Thom Tillis, a member of the Senate Banking Committee, threatens to block any nominee to the central bank until the investigation is resolved. Tillis’ comments are now being echoed by other Republicans.
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Powell investigation: Drumbeat of Republican opposition grows on Capitol Hill
Federal Reserve Chair Jerome Powell said he was under investigation on Sunday night, the latest episode in President Donald Trump's feud with him.www.cnbc.com
Pam chose to keep her job rather than doing what she should have done. Namely, told Don to GFY.