- House Democrats are pressing for an investigation into the Trump administration’s Department of Justice (DOJ) concerning its criminal investigation of Federal Reserve Chairman Jerome Powell.
- The investigation in question pertained to Powell’s testimony and the independence of the central bank, suggesting potential political interference.
- Democrats suggest that the investigation may have targeted Powell over issues related to his management of the nation’s monetary policy and testimonies given during his tenure.
- This call for a probe highlights ongoing tensions and concerns about the separation of political influence from the operations and decisions of the Federal Reserve.
- The move by House Democrats underscores the importance they place on maintaining the central bank’s independence from political pressures and potential abuses of power.
Source: https://www.foxnews.com/politics/house-democrats-demand-probe-trump-dojs-criminal-investigation-fed-chair-powell)
