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Hassett Downplays Powell's Federal Criminal Probe, Says He Expects "No Issues"
By: theblockbeats.news|2026/01/16 21:30:14
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BlockBeats News, January 16th, according to CNBC, White House National Economic Council Director Hassett played down a federal criminal investigation into Federal Reserve Chair Jerome Powell on Friday, saying he expects "no issues."
Hassett said in an interview that the Fed's inquiry was just a simple request for information, which would be provided quickly, with the investigation to follow. He also expressed hope for more transparency on cost overruns in the renovation of the Fed headquarters, which is also a focus of the Justice Department investigation.
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