Senate Banking Chair Tim Scott believes Fed Chair Powell committed no crime in testimony

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Senate Banking Chair Tim Scott expressed support for Fed Chair Jerome Powell, stating he committed no crime in testimony, contradicting President Trump's call for further investigation.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

President Donald Trump recently said the investigation into Jerome Powell, led by U.S. Attorney for Washington Jeanine Pirro, should continue to the end.

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Original article published by CNBC on February 4, 2026.
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