Trump’s Fed chair attended a party at Jeff Bezos’ mansion — and this rep brought the receipts to Congress.
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In US news and current events today, Rep. Katie Porter blasted Chairman Jerome Powell over attending a party at Amazon CEO Jeff Bezos’ mansion. Chariman Powell is the chair of the Federal Reserve.
Federal Reserve Chair Jerome Powell testified before the House Financial Services Committee on Tuesday morning, where Rep. Katie Porter confronted him with this photo evidence of Powell attending the party.
Rep. Porter pointed out to Powell that even the appearance of bias at the Fed could undermine its mission to insulate itself from political or corporate influence.
Watch the full clip of Rep. Katie Porter questioning Fed Reserve Char Jerome Powell over his ability to avoid corporate influence from completing his job honestly.
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