Powell’s Capitol clout shields the Fed as DOJ probes loom
TL;DR
Senate Republicans rally to Fed Chair Jerome Powell amid DOJ subpoenas tied to a $2.5 billion renovation, stressing Powell’s long history with Congress and his insistence that the Fed remain independent from political pressure.
- Senate Republicans close ranks around Powell, who spent years building ties in Congress Fortune
- Opinion | Congressional Republicans might finally jump off the hamster wheel The Washington Post
- Jay Powell, the Prepster Banker Who Is Standing Up to Trump The New Yorker
- The President’s Man at the FHFA The Dispatch
- Republicans are speaking out on behalf of the Fed. Not Banking Chair Tim Scott. Politico
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