Powell is sufficiently offended by the investigation that he could spite Trump by staying on the Fed Board as a voting member until his term expires.
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President Donald Trump and Federal Reserve Chair Jerome Powell speak during a tour of the Federal Reserve Board building currently undergoing renovations in Washington, D.C., July 24, 2025.
Kent Nishimura/Reuters
The Trump administration’s self-destructive investigation of Federal Reserve Chairman Jerome Powell has achieved a new level of farce.
On Tuesday, the Justice Department sent a pair of prosecutors and a federal investigator to the construction site of the Fed’s renovation project, apparently seeking a tour and to interview construction workers.
About the Author
Andrew C. McCarthy is a senior fellow at National Review Institute, an NR contributing editor, and author of Ball of Collusion: The Plot to Rig an Election and Destroy a Presidency.
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The Trump administration’s self-destructive investigation of Federal Reserve Chairman Jerome Powell has achieved a new level of farce.
On Tuesday, the Justice Department sent a pair of prosecutors and a federal investigator to the construction site of the Fed’s renovation project, apparently seeking a tour and to interview construction workers.
About the Author
Andrew C. McCarthy is a senior fellow at National Review Institute, an NR contributing editor, and author of Ball of Collusion: The Plot to Rig an Election and Destroy a Presidency.
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