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Scott Bessent says Jerome Powell probe likely due to the chairman's 'construction incompetence'

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2 weeks ago

U.S. Treasury Secretary Scott Bessent told "Kudlow" Friday that the probe into Federal Reserve Chairman Jerome Powell is likely due to "construction incompetence.""I don't know anything about construction, seemingly not many people at the Fed do," he said.A criminal investigation into Powell was launched to determine whether he lied to Congress about the scope of renovations at the central bank’s Washington headquarters. The Department of Justice has threatened a criminal indictment related to Powell’s Senate testimony regarding the renovations.TRUMP SET TO INTERVIEW THIS FINAL CANDIDATE BEFOR...

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2 weeks ago
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