Jan. 12 (UPI) -- Sen. Lisa Murkowski, R-Alaska, on Monday called on Congress to investigate the Department of Justice's probe of Federal Reserve Chairman Jerome Powell, which she described as "an attempt at coercion" by President Donald Trump.
Powell revealed Sunday night he received a subpoena from the Justice Department threatening him with criminal charges over testimony he gave to Congress last year about the cost of renovating historic Federal Reserve buildings. He accused the Trump administration of using the testimony as a pretext to punish him and the Fed for failing to set federal interest rates based on Trump's preferences.
In a statement Monday, Murkowski echoed Powell's stance, saying the project cost overruns "are not unusual."
"After speaking with Chair Powell this morning, it's clear the administration's investigation is nothing more than an attempt at coercion," she said, calling for an investigation of the Justice Department.
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