Durbin Statement On Federal Prosecutors Opening Inquiry Into Fed Chair Powell

Durbin Statement On Federal Prosecutors Opening Inquiry Into Fed Chair Powell

WASHINGTON - U.S. Senate Democratic Whip Dick Durbin (D-IL), Ranking Member of the Senate Judiciary Committee, released the following statement after reports that the U.S. Attorney's office in the District of Columbia has opened a criminal investigation into Jerome Powell, the Federal Reserve chair:

"The Fed is an independent body-and that drives President Trump crazy. He wants to weaponize every tool of government against perceived opponents of his unpopular agenda, and his lackeys at the Department of Justice unabashedly embrace and execute his worst instincts. We must keep fighting back against politicization, intimidation, and retribution in the White House and the Department of Justice."

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