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Tim Scott on Powell criminal probe: 'I do not believe that he committed a crime'

by LJ News Opinions
February 4, 2026
in Business
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Senate Banking Committee Chairman Tim Scott (R-S.C.) said he doesn’t believe Federal Reserve Chair Jerome Powell committed a crime while testifying before his panel last year, raising doubts about the Trump administration’s probe into the central bank. Scott said Wednesday that while he has “very, very strong disagreements” with Powell — whom he called “inept”…

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