That is my understanding is now that there is an open investigation at some level by the United States Department of Justice. And again, I don't have those confidential details, but as reported that Chairman Powell would not be coming before committee to answer questions while an open criminal investigation is ongoing. Again, the sooner that is resolved, the sooner we can get on with the work of real and substantive oversight because I do think there are real reforms that we could make at the Fed to the benefit of the American people. (05:28–05:36)
CLAIM
Asserts that Chairman Powell will not testify due to an ongoing criminal investigation.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
