"Ben Shapiro expressed skepticism over President Donald Trump's Justice Department opening a criminal investigation into Federal Reserve chair Jerome Powell, saying he's open to the idea the probe is legit but he wants to hear some good evidence for it. The pro-Trump pundit explained to his podcast listeners on Monday the investigation is focused on Powell's multi-year renovation of the Fed building. Trump fumed last month that the project's budget was north of $4 billion now about $1.5 billion more than projected."
"Shapiro said even if that is true, it does not necessarily mean Powell did something illegal. Here is my question obviously Powell could have said things that were accurate at the time and later became inaccurate because the facts on the ground change is there evidence Powell was stealing money or embezzling? Shapiro asked. What is the case here? He also said it looked bad that Trump appeared to be targeting people at the Fed for not agreeing with him on interest rates."
"This is bad policy, you should not be targeting people based on specious investigations if it turns out it's specious, Shapiro said. The Daily Wire star admitted he did not know the full case against Powell and would wait for more details. But if it turns out that what they're upset at [Powell] about has little to do with the actual [renovation] of the Federal Reserve and a lot to do with his policy with regard to interest rates, then that is not good, Shapiro said."
Ben Shapiro expressed skepticism about the Justice Department opening a criminal investigation into Federal Reserve Chair Jerome Powell and said he wants to see solid evidence. The investigation reportedly centers on Powell's multi-year renovation of the Fed building, with Trump upset that the project's budget rose to more than $4 billion, about $1.5 billion above estimates. Shapiro noted that cost increases do not necessarily indicate criminality and asked whether there is evidence of stealing or embezzlement. He warned against using the DOJ for political purposes and cautioned that targeting officials over interest-rate disagreements would be bad policy.
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