"The sequential, dramatic waves of prosecutions against officials such as his former National Security Advisor John Bolton, former FBI chiefs James Comey and Christopher Wray, New York Attorney General Letitia James, former CIA chief John Brennan, Federal Reserve Governor Lisa Cook, former Homeland Security official Miles Taylor, Senator Adam Schiff, cybersecurity chief Christoper Krebs and former special counsel Jack Smith, among others, is alarming."
"The charges against Powell that he lied to Congress due to building renovation costs overruns is ludicrous and will surely be dismissed in court. The alleged 40% cost overruns may be true but they are not criminal, let alone reckless. The actual Fed renovations are costing $2.5 billion, which is 40% overbudget due to cost inflation, while Trump admitted last month that his own demolition and construction of a new ballroom in the White House's East Wing has ballooned to 200% over budget."
President Trump has directed federal investigators to prepare potential criminal charges against Federal Reserve Chair Jay Powell. Sequential prosecutions of numerous current and former officials indicate a deliberate pattern of targeting perceived political opponents and weaponizing the judiciary. The Powell charge alleges lying to Congress over building renovation cost overruns and is described as ludicrous and likely to be dismissed. The Fed renovations total about $2.5 billion, roughly 40% over budget due to inflation. Trump’s own East Wing ballroom project reportedly ballooned to 200% over budget after six months. The Fed renovations are the first comprehensive updates in roughly 90 years.
Read at Fortune
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