As a result, Jerome Powell today is now bathed in immunity, preventing my office from investigating the Federal Reserve. This is wrong, and it is without legal authority. In June of 2025, Jerome Powell testified before the Senate Banking Committee making, quote, questionable statements that did not comport with publicly available documents. and that was regarding the atrocious cost overrun of more than $1 billion. I didn't say million. I said billion in renovations to his headquarters. (00:55–01:10)
CLAIM
Asserts that Jerome Powell made questionable statements before the Senate Banking Committee.
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.
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