Hassett downplays criminal investigation targeting Fed Chair Powell

Odaily News According to Jinshi, White House National Economic Council Director Hassett downplayed the federal criminal investigation targeting Federal Reserve Chairman Jerome Powell on Friday, saying he expects "no issues." Hassett stated in an interview that the Fed's investigation is merely a simple information request, and the relevant information will be provided soon, after which the investigation will continue. He also expressed hope for greater transparency regarding the cost overruns in the renovation of the Federal Reserve headquarters, which is also a focus of the Department of Justice investigation. (Jinshi)