As tensions remain high between the White House and the central bank, a Republican congresswoman is hitting Federal Reserve Chair Jerome Powell with a criminal referral to the Justice Department. CBS News MoneyWatch correspondent Kelly O'Grady joins to examine the disconnect between the Trump administration and the Fed.
Jul 22, 2025 (05:03)
TRANSCRIPT FOR: “HOUSE REPUBLICAN REFERS FED CHAIR JEROME POWELL TO JUSTICE DEPARTMENT FOR CRIMINAL PERJURY CHARGES”
JERICKA DUNCAN:
00:04:51
Yeah, and I know it will be right after the holidays. So people will be fresh off of those credit card bills and feeling the effects of whatever where will be six months from now. Kelly O'Grady, thank you so much.
