Neal Slams Trump’s Latest Fed Stunt

SPRINGFIELD, MA— Ways and Means Committee Ranking Member Richard E. Neal (D-MA) released the following statement after President Trump announced he’d create a committee to search for pretext to fire Federal Reserve Governor Lisa Cook:

“The Trump Administration should be focused on bringing diesel back from record highs, lowering prices at the pump and grocery store, and ending their failed war with Iran. Instead, the president’s attention is consumed by a grudge he can’t let go of. Despite being told no by the Supreme Court and his handpicked Fed Chair, Trump’s commitment to bend monetary policy to his will and put Americans’ financial stability at more risk is relentless. 

“Fed independence isn’t up for debate, no matter how many tricks Donald Trump tries in an effort to put his thumb on the scale. By creating this so-called committee, he is wasting resources and time on a debunked fishing expedition that should instead be spent making your life easier. The Fed works for the American people, and we will keep fighting the president’s desperate claw for power.”

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