It's an investigation with a pre-drawn conclusion, that's all.
... “When you go to the nation’s mall, you see the construction of this palace ... upwards of $2.5 billion massive cost overrun, and we want to make sure we have facts as to the largesse and the extent to which it’s overrun,” Vought said during a “Squawk Box” interview. “I think it just points to the fundamental mismanagement of the Fed under the chairman.” ...
″The problem with Chairman Powell is he has been late at every turn,” Vought said. “It’s time to lower rates. You have a problem there. But again, this is about the largesse and the fact that he has systemically mismanaged the Fed, and that is evident by what we’re seeing with regard to this monstrosity, this Palace of Versailles, on the National Mall.” ...
“This certainly has to do with the fiscal mismanagement of the Fed, of which [interest rates] is one aspect of it,” he said. “We are going to zoom in over the last several days on this. We have new commissioners at the National Capital Planning Commission who are asking very tough questions.” ...
Ron Insana: Why Trump’s new attack on Powell should be so troubling to investors
