Federal prosecutors have opened a criminal investigation of Federal Reserve Chairman Jerome Powell, he confirmed on Sunday evening.

Powell said the probe was the result of the Fed “setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of” President Donald Trump.

Terrible precedent that will harm our economy's ability to recover from high unemployment or inflation.

Powell's statement is worth a read

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[–] 7 points 9 months ago

This guy is an absolute legend.

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