US EditionMurkowski calls for Congress to investigate DOJ over Fed ‘coercion’
Sen. Murkowski calls DOJ probe into Fed Chair Powell a political coercion attempt, warning it risks Federal Reserve independence and market stability amid $2.5 billion renovation scrutiny.
- On Jan. 12, Sen. Lisa Murkowski, R-Alaska, urged Congress to investigate the Department of Justice, calling the probe of Federal Reserve Chairman Jerome Powell "an attempt at coercion."
- The Justice Department probe follows months of pressure from administration officials and President Donald Trump for the Federal Reserve to lower interest rates, and Trump plans to replace Powell later this year.
- The cost of renovating the Federal Reserve headquarters in Washington rose from $1.9 billion to $2.5 billion, while the president said it exceeded $3 billion and Powell called scrutiny a pretext.
- Some senators, including Sen. Thom Tillis, R-N.C., said they will block Fed confirmations until the legal matter is resolved, with Cramer urging quick resolution to restore confidence, citing 'I hope this criminal investigation can be put to rest quickly along with the remainder of Jerome Powell’s term'.
- Lawmakers warn the probe risks undermining central bank independence, cautioning that the Department of Justice's actions threaten the Federal Reserve and stability of markets and the broader economy.
23 Articles
23 Articles
FOX 5 San Diego
Senate Republican on DOJ Powell probe: ‘We need this like we need a hole in the head’
Sen. John Kennedy (R-La.) on Monday questioned the Department of Justice (DOJ) over its probe into the Federal Reserve’s renovation of its Washington, D.C., headquarters. “We need this like we need…
Republican Lawmakers Warn Powell Probe Could Rattle Markets And Push Interest Rates Higher
The criminal investigation into Federal Reserve Chair Jerome Powell by the Department Of Justice has sparked concerns among allies and officials of President Donald Trump. They fear the probe could disrupt the Senate confirmation process for future Fed chair nominees and unsettle financial markets.
RINO Senator Murkowski Lashes Out at Trump DOJ Over Powell Criminal Probe, Backs Tillis's Decision to Block Fed Nominations
Lisa Murkowski is the second RINO Senator to criticize the Trump Justice Department over its criminal investigation into Fed Chair Jerome Powell. Federal investigators opened a criminal investigation into Fed Chairman Jerome Powell. Powell is under fire for the cost of renovating the Fed’s DC headquarters. The cost ballooned from $1.9 billion to $2.5 billion. In July, GOP Congresswoman Anna Paulina Luna sent a letter to the DOJ accusing Powell o…
The Epoch Times
The Political InsiderGOP Senators Vow to Block Fed Nominees Over Probe of Powell
Sen. Lisa Murkowski (R-Alaska) became the second Republican to support a plan to block any Federal Reserve Board nominees proposed by President Donald Trump after the Department of Justice launched a criminal investigation into Fed Chairman Jerome Powell. The Federal Reserve received grand jury subpoenas from the Justice Department on Jan. 9, threatening a criminal indictment related to Powell’s testimony in June 2025 about the central bank’s bu…
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