Congress

GOP angst grows over Powell investigation

Published

6 months ago

January 12, 2026

A growing number of Republicans on Capitol Hill are expressing unease with the Justice Department’s move to investigate Federal Reserve Chair Jerome Powell, a sign that the probe could become a major inflection point over GOP lawmakers’ concerns about central bank independence.

Powell announced Sunday that the DOJ is investigating him over statements to Congress about renovations of the Fed’s headquarters in Washington. He said the issue was a pretext to target him in response to President Donald Trump’s frustration over the Fed’s hesitance to aggressively lower interest rates.

Sen. Kevin Cramer (R-N.D.), a Powell critic who sits on the Senate Banking Committee, said in a statement Monday that “Jerome Powell is a bad Fed Chair who has been elusive with Congress, especially regarding the overruns of the elaborate renovations of the building.”

“I do not believe however, he is a criminal,” he said. “I hope this criminal investigation can be put to rest quickly along with the remainder of Jerome Powell’s term. We need to restore confidence in the Fed.”

Senate Banking Republicans are expected to meet tonight to discuss major cryptocurrency legislation the panel is aiming to hold a vote on this week — and some members are expecting to discuss the Powell probe as well, according to two Republicans with knowledge of the plan who were granted anonymity to discuss closed-door matters.

“There will be a lot of chatter,” said one of the Republicans.

The investigation is also a concern for some House Republicans. Rep. Mike Lawler (R-N.Y.), who sits on the House Financial Services Committee, told Blue Light News: “While I fundamentally believe Chairman Powell was late in addressing inflation under Joe Biden and has been woefully slow in lowering interest rates over the past year, the independence of the Federal Reserve is paramount and I oppose any effort to pressure them into action.”

Asked about the Powell investigation on Fox Business on Monday, Sen. Roger Marshall (R-Kan.) bashed the central bank chief and said the “president is sending a message to everybody that we’re going to be looking out for fraud, waste and abuse.” But, pressed by host Maria Bartiromo about whether Powell lied to Congress, Marshall said he would “let the system play through here,” and added: “I think there’s other issues that we should be focused on.”

The controversy over the renovations to the Fed’s Washington headquarters has been amplified by Senate Banking Republicans, including Chair Tim Scott (R-S.C.), who pressed Powell about the issue during a hearing last June following a New York Post article about cost overruns on the project.

Now, the DOJ probe is threatening to derail the Senate’s consideration of future Fed nominees. Sen. Thom Tillis, a retiring North Carolina Republican who sits on the Banking panel, said Sunday he will “oppose the confirmation of any nominee for the Fed—including the upcoming Fed Chair vacancy—until this legal matter is fully resolved.”

“If there were any remaining doubt whether advisers within the Trump Administration are actively pushing to end the independence of the Federal Reserve, there should now be none,” Tillis said in a statement. “It is now the independence and credibility of the Department of Justice that are in question.”

Congress

Johnson says he will send housing bill to Trump on Monday

Published

11 hours ago

June 28, 2026

Blue Light Newsroom

House Speaker Mike Johsnon said he plans to send President Donald Trump a bipartisan housing bill Monday, just days after the president abruptly canceled a signing ceremony for the legislation after Congress failed to pass his elections security act.

Speaking with Fox News’ “Sunday Morning Futures,” Johnson said the 21st Century ROAD To Housing Act is a Republican priority for lowering costs for Americans.

“I’m going to send the bill over to him on Monday, and it will become law,” the Louisiana Republican told host Maria Bartiromo. “I certainly want him to take the biggest, boldest marker that he has and do that big Trump signature proudly on that legislation because we’re delivering for the people, and that’s what he wants to do.”

The White House did not immediately respond to a request for comment on Johnson’s remarks.

The bill is the product of almost a year of back-and-forth between all four congressional corners and aims to increase affordability by boosting housing supply and home ownership. It passed both chambers of Congress with wide bipartisan support.

Trump was scheduled to sign the bill into law last week but canceled the ceremony “until such time as we pass the desperately needed SAVE AMERICA ACT, which I consider to be a National Emergency.”

Trump’s SAVE America Act would require voters to present a photo ID at the ballot box and effectively end mail-in voting. Trump has also said he would like the bill to include prohibitions on transgender athletes competing. But Republican leaders have repeatedly indicated the legislation does not have enough votes to pass.

Congressional leaders appeared taken aback by Trump’s signing cancellation, but Johnson on Sunday said he and the president have since met in the Oval Office to discuss the housing bill “in great detail.”

“We made a lot of promises to the voters, and we’re fulfilling those every single day of this Congress,” Johnson said. “This is a big part of that because this will increase the availability, the access to more housing, bring down cost, cut regulations, do the things we know are very important for that market. The president and I talked about that at length. Of course he wants to do those things.”

But if Trump does not sign the housing bill into law within the next few days, it would still become law unless he were to veto it. Congress also has the power to override a presidential veto.

Congress

Sen. Thom Tillis rails against Trump’s fixation on voting legislation

Published

11 hours ago

June 28, 2026

Blue Light Newsroom

Sen. Thom Tillis on Sunday expressed frustration with President Donald Trump’s continued fixation on passing the SAVE America Act.

In an interview with BLN’s “Face the Nation,” the retiring North Carolina Republican lamented “the impossible task” of implementing the requirements of the legislation ahead of November’s crucial midterms.

“Why are we doing more things to undermine our confidence in elections, rather than getting the strong message out that will win for Republicans this year?” Tillis said.

Rather than promoting the bill — which would require voters to present a photo ID at the ballot box and effectively end widespread mail-in voting — Tillis said Republicans should tell voters about “the rise of the Democratic Socialists of America” while accepting the current voting laws.

“Win by the good results that Republicans have produced and stop undermining the confidence in the elections,” said Tillis. “This is a bedrock of our 250-year history of success as the democracy that changed the world. Let’s not mess with that between now and November.”

Trump has said the SAVE America Act is his “No. 1 priority” ahead of midterms, going so far as to abruptly cancel a bill signing for major bipartisan legislation on housing affordability until Congress passes his elections bill. But many Democrats are staunchly against the bill, arguing it could disenfranchise millions of voters, and Republican leaders in Congress have repeatedly indicated it does not have the votes to pass.

Tillis co-sponsored the original SAVE America Act but has objected to Trump’s version of the legislation, which would also bar transgender athletes from women’s sports.

It’s not the first time Tillis has clashed with Trump.

Earlier this year, Tillis blocked Trump’s Fed chair nominee, Kevin Warsh, until the Justice Department dropped an investigation into Federal Reserve Chair Jerome Powell. He has also spoken out against the Justice Department’s $1.776 billion “Anti-Weaponization Fund,” calling it a “payout for punks.” And he has emerged as a fierce critic of Bill Pulte, Trump’s interim director of national intelligence.

“Let’s try and figure out a way to completely and finally end these distractions so that we can focus on the damage Democrats could do if they take the House, if they beat incumbent Republicans in the Senate. That’s what Republicans need to be talking about between now and November,” Tillis said Sunday.

Congress

Sen. Bill Cassidy on Trump: ‘Sometimes he acts as if Congress is merely an appendage’

Published

12 hours ago

June 28, 2026

Blue Light Newsroom

Sen. Bill Cassidy appeared to question President Donald Trump’s view of Congress, saying in an interview that he is not sure Trump grasps that Congress “is a separate body, separate from the presidency.”

“Sometimes he acts as if Congress is merely an appendage, and, frankly, sometimes Congress acts like it’s an appendage,” the Louisiana Republican said in a pre-taped interview with CBS’ “Face the Nation” that aired Sunday.

The latest criticism in a public clash between the two leaders, Cassidy also told host Margaret Brennan that he would be focused on affordability, including the cost of health care and groceries, if he were president.

“If I were president, I would be focused on those people that they have, my people, our people, us at the kitchen table. How do you make their life better? And that’s what I think the president should be focused on,” Cassidy said.

The relationship between Cassidy and Trump has been rocky for some time. Cassidy was one of only a handful of Republican leaders who voted to convict Trump for his role in the Jan. 6, 2021, insurrection.

Trump and Cassidy recently clashed in a closed-door meeting between GOP leaders, with Cassidy admitting he raised his voice to “match” the president’s.

“The president said something negative about me. I received it as attempting to bully me from asking a question that I think the American people need to know, and I’m not going to be bullied,” Cassidy said at the time.

However, after receiving a special briefing from Vice President JD Vance and special envoy Steve Witkoff, Cassidy changed his vote on a resolution designed to rein in Trump’s power to wage war against Iran.

“They said right now the negotiations are delicate, and they could collapse if they’re not nursed along in the appropriate way. I can accept that,” Cassidy said.

“That’s the reason they said for their kind of lack of being forthcoming. I can accept that, but my goal was to be briefed, to have the truth in order to make a decision for the benefit of my country, and that was satisfied.”

Still, Cassidy’s stance against Trump has cost him: After serving more than a decade in the Senate, Cassidy lost his campaign for renomination after Trump endorsed against him. Rep. Julia Letlow will be the Louisiana Republican Senate candidate this fall.