GOP senator gives the Fed's Powell bad advice, urges him to resign as part of a 'deal'
Banking And Finance,US Senate,Jerome Powell,Federal Reserve
It's been a few days since the public learned that the Justice Department has opened a criminal investigation into Jerome Powell, the Federal Reserve chair. There was no great mystery behind the motivation for the probe: Powell resisted Donald Trump's demands on interest rates, and so the administration apparently has added him to the White House's growing revenge list.
The pushback to the investigation was swift, broad and bipartisan, with several congressional Republicans agreeing that it's a mistake to pursue the Fed chair with trumped-up charges...
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