January 12, 2026

Fed Independence at Risk? Lummis and Hassett Discuss Powell Probe Amid Extravagant Spending Claims

White House economic adviser Kevin Hassett defended the DOJ scrutiny linked to Fed Chair Jerome Powell and framed it as a basic review of spending. He said extreme building costs justify federal investigation, even as critics warn it could pressure the central bank. Hassett Dismisses Fed Independence Fears Over DOJ Review CBC News reported that

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