The Justice Department’s criminal investigation of Jerome Powell, chairman of the Federal Reserve Board, displays all the Trump administration’s now familiar seaminess.
It is a retributive politicization of law enforcement — lawfare, through and through. Its motivation is disreputable: an attempt to extort the chairman, a piñata for Trump, into adopting economic illiteracy. And as ever, subordinates pursuing petty but conflicting agendas, in their haste to please the overlord, have ignited a firestorm that defeats the administration’s purported objectives.












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