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Fed Chair February/March Testimony at House & Senate Committees?

yogibearbullyogibearbull
in Other Investing
What happened to them?

Powell is refusing so long as he is under direct threat from DOJ.

Neither House nor Senate committee made criminal referrals on Powell to DOJ. So, Powell's recusal from February/March testimony while under threat from DOJ makes sense. Of course, he may be compelled to do so, but if he isn't, then it's telling about DOJ interference.

X/Twitter https://x.com/NickTimiraos/status/2031847836145365426

Comments

  • CrashCrash
    Boom. And last I heard, Massie (R-KY) will not drop his objection to the Warsh confirmation until this junk is behind us. I can certainly understand his thinking.
  • gman57
    edited 11:00AM
    That was Tillis from NC but I hope it's both of them.
  • Sven
    The show must go on.
    https://cnbc.com/2026/03/13/fed-jerome-powell-investigation-trump-pirro-doj.html
  • yogibearbullyogibearbull
    And the former TV reality show judge will appeal it right away.
    https://www.cnbc.com/2026/03/13/fed-jerome-powell-investigation-trump-pirro-doj.html
  • Old_JoeOld_Joe
    The lower court system is the one, only, and last wall to stand between the best interests of United States citizens and the ignorant, vindictive scum of a "president" that we now have.
  • Sven
    Here is the judge’s statement :
    Boasberg, in his ruling, said evidence showed Pirro was motivated to investigate Powell because of a desire to get the Fed chief to bow to Trump and cut interest rates quickly and broadly.

    Pirro’s investigation purportedly is focused on the Fed’s multi-billion-dollar renovation of its headquarters in Washington and on Powell’s testimony to the Senate Banking Committee about that project.

    “Did prosecutors issue those subpoenas for a proper purpose? The Court finds that they did not,” Boasberg wrote in the decision in U.S. District Court in D.C., which was dated Wednesday, but unsealed on Friday.

    “There is abundant evidence that the subpoenas’ dominant (if not sole) purpose is to harass and pressure Powell either to yield to the President or to resign and make way for a Fed Chair who will,” the judge wrote.

    “On the other side of the scale, the Government has offered no evidence whatsoever that Powell committed any crime other than displeasing the President,” Boasberg wrote.
    Bold fonts added to emphasize the significance of judge Boasberg statement.
  • Mona
    Pirro has clearly had some major plastic surgery.
  • Old_JoeOld_Joe
    Your tax dollars at work!
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