""This is the first time I've seen any evidence of an attempt to try and force somebody out of the Fed board because you disagree with their policies," Tillis said."
""Absolutely not," he told CNBC when asked if he heard anything that would rise to the level of perjury."
""You're not supposed to say it, you're not supposed to say what's actually happening," Kernen said."
Sen. Thom Tillis criticized President Trump for initiating a DOJ criminal probe into Federal Reserve Chair Jerome Powell tied to a multi-year Fed building renovation. The inquiry focuses on whether Powell perjured himself during Senate testimony about renovation costs Trump said reached north of $4 billion, roughly $1.5 billion above projections. Tillis called the investigation unprecedented and baseless and said he saw no evidence of perjury while present during testimony. Powell characterized the charges as bogus and politically motivated due to disagreements over interest-rate policy. The exchange drew surprise from CNBC anchor Joe Kernen and raised concerns about potential political interference with the Fed.
Read at www.mediaite.com
Unable to calculate read time
Collection
[
|
...
]