Tim Scott: Powell Didn’t Commit a Crime in DOJ Fed Probe

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Source: Politico
TL;DR Summary

Senate Banking Chair Tim Scott said he does not believe Fed Chair Jerome Powell committed a crime during last year’s congressional hearing on Fed HQ renovations, calling the incident a gross error in judgment rather than criminal as the DOJ subpoenas related to Powell’s remarks unfold. The live updates also report a Jan. 6 committee subpoena to T-Mobile, ongoing DHS funding talks with potential stopgap options, and leadership maneuvering around the Fed and related investigations.

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