Washington, Jan. 12 -- Congressman Steny H. Hoyer issued the following press release:
Today, Congressman Steny H. Hoyer (MD-05), Ranking Member of the Financial Services and General Government (FSGG) Appropriations Subcommittee, released the following statement after reports that the United States Department of Justice (DOJ) opened a criminal investigation of Federal Reserve Board Chair Jerome H. Powell:
"With his latest threats to prosecute Federal Reserve Chairman Jerome Powell on sham charges, Donald Trump's politics of vindictiveness now threatens the entire American economy. The Fed is independent for a reason. Undermining the Fed's independence and ability to set rates based on data, rather than on the president's political whims, w...