Scott Bessent defends DOJ probe into Jerome Powell
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The probe appears to center on Powell’s testimony to Congress last year about cost overruns in a multi-billion-dollar office renovation project. Powell, who was appointed by Trump in 2017, issued a rare video message on Sunday night rebuking the investigation as a politically motivated effort to influence the Fed's interest rate policy.
An Indian state government on Monday ordered a probe into the collapse of a portion of an under-construction bridge over the Ganges River over the weekend, the second time the structure has crashed in a year. No casualties were reported with no movement of ...