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Top Financial Services Republican: Powell investigation an 'unnecessary distraction'

by LJ News Opinions
January 12, 2026
in Business
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Rep. French Hill (R-Ark.), chairman of the House Financial Services Committee, on Monday became the latest Republican in Congress to speak out against the criminal investigation into Federal Reserve Chair Jerome Powell. In a statement Monday, Hill called the Justice Department probe “an unnecessary distraction,” as he underscored his confidence in Powell’s integrity. “I’ve known…

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