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2 months ago

GOP senator suggests Fed chair Powell resign now to dodge potential criminal indictment

Sen. Kevin Cramer, R-N.D., suggested Tuesday that Federal Reserve Chair Jerome Powell should resign to avoid a potential indictment, arguing the move could prompt the Department of Justice (DOJ) to drop its investigation.The suggestion comes after the DOJ announced Sunday it has opened a criminal probe into Powell focused on the renovation of the central bank’s Washington headquarters and whether he was truthful in his congressional testimony regarding the project."If you're the attorney for Jay Powell and you want to avoid an indictment, how about you go to Jeanine Pirro and say, 'I'll make a...