Senate Democratic Leader Chuck Schumer is fiercely criticizing the Justice Department’s investigation into Federal Reserve Chair Jerome Powell, calling the allegations that Powell misled Congress over construction projects “bogus.” Schumer accuses President Donald Trump of attempting to undermine and “cannibalize” the Federal Reserve’s independence, warning that political interference in the central bank could have serious consequences for the U.S. economy. The controversy is fueling a heated debate in Washington over the rule of law, institutional independence, and the future of the Fed.
#SchumerVsDOJ #JeromePowellProbe #FedIndependence #SchumerSlamsDOJ #PowellInvestigation #TrumpFedConflict #DOJProbe #FederalReserveNews #USPolitics #BreakingNews #ChuckSchumer #JeromePowell #TrumpNews #CongressTestimony #FedChair #PoliticalPressureOnFed
