GOP Rep. Hill Says Powell Probe an ‘Unnecessary Distraction’

“Pursuing criminal charges relating to his testimony on building renovations at a time when the nation’s economy requires focus and creates an unnecessary distraction,” House Financial Services Chair French Hill says of the DOJ’s probe into Fed Chair Jerome Powell.

• Hill comments on probe in an emailed statement
• “I know Mr. Powell to be a man of integrity with a strong commitment to public service,” Hill says in statement
• NOTE: Trump Faces Fed Roadblock as Republicans Blast Justice Probe

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Yash Roy in Washington at yroy@bloomberg.net

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