Senate Has Little Appetite for Powell Probe

Senate Has Little Appetite for Powell Probe

Senate Majority Leader John Thune said that the Justice Department’s targeting of Federal Reserve Chair Jay Powell “better be real” and “better be serious,” raising concerns about “political interference” in monetary policy, Punchbowl News reports. Thune is the highest-ranking Republican to raise concerns about the unprecedented criminal investigation of the Fed chair. Financial Times: Top Republicans denounce justice department’s criminal probe…