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Kevin Cramer

Kevin Cramer

U.S. Senator (R-ND), Banking Committee Member

Appears in 1 story

Stories

Two GOP senators block Trump's Fed picks over Powell probe

Rule Changes

Opposes criminal investigation despite criticizing Powell's performance

No president has ever criminally investigated a sitting Federal Reserve chair. When Trump's Justice Department served Jerome Powell with grand jury subpoenas on January 11, two Republican senators announced they would block all Fed nominees until the probe ends. With a 13-11 GOP majority on the Banking Committee, even one defection creates a confirmation stalemate.

Updated Jan 28