Trump says Powell probe should continue: 'Take it to the end and see'
Briefly

Trump says Powell probe should continue: 'Take it to the end and see'
""take it to the end and see.""
""The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President,""
"Powell is a "respected colleague held in the highest regard by all who have worked with him.""
President Donald Trump urged U.S. Attorney Jeanine Pirro to pursue the investigation into Federal Reserve Chair Jerome Powell "to the end." Trump repeated criticisms of Powell, including accusations of excessive spending on the Fed building renovation. Powell said on January 11 that the Fed had been served with grand jury subpoenas threatening criminal indictment and asserted those subpoenas were intended to force him to lower interest rates. Central bankers from multiple countries signed an open letter praising Powell as a respected colleague. Trump announced former Fed governor Kevin Warsh as his pick to succeed Powell in May.
Read at Business Insider
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