Washington, Jan. 12 -- Congressman Cleo Fields issued the following press release:
Today, Congressman Cleo Fields released a statement regarding the infringement of powers by the Executive Branch against Federal Reserve Chairman Jerome Powell:
"Last Friday, the Department of Justice served Federal Reserve Chairman Jerome Powell with grand jury subpoenas, threatening a criminal indictment. I strongly oppose any effort by the Trump Administration to intimidate, threaten, or prosecute the Federal Reserve or its leadership for political purposes. The independence of the Federal Reserve is a cornerstone of our economic stability, and any attempt to undermine it puts American jobs, savings, and retirement security at risk.
No president, former...