multi source·4/16/2026·5 sources analyzed
GOP Leaders Call for Conclusion of Powell Investigation
Republican leaders express frustration over the ongoing investigation into the Federal Reserve chair. They urge the administration to conclude the matter promptly. (sources: politico, marketwatch, thehill)
ModernAction Briefing
Senator Thune and Representative Hill have called on the Department of Justice to conclude its investigation into Federal Reserve Chair Powell. This comes as Powell's term is nearing its end.
- Thune and Hill have publicly urged the Trump administration to wrap up the investigation into Powell.
- The investigation has drawn criticism from Republican leaders who are losing patience with the process.
- Powell's term as Federal Reserve chair is approaching its conclusion.
Why it matters
The outcome of the investigation could impact the leadership of the Federal Reserve and its policies.
No specific legislation identified for action yet.