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Bessent defends DOJ Powell probe: Fed 'independence does not mean no oversight'

by LJ News Opinions
January 18, 2026
in Business
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Treasury Secretary Scott Bessent on Sunday defended the Justice Department’s criminal investigation into Federal Reserve Chair Jerome Powell, describing the probe as appropriate “oversight” of the independent agency. In an interview on NBC News’s “Meet the Press,” the secretary stressed that the investigation focuses on Powell’s handling of the renovation budget, brushing off concerns about…

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