Morning Scan: Powell Pans 'Audit the Fed'; DOJ Wants Felon...

Receiving Wide Coverage ...

Pushback Against 'Audit the Fed': Federal Reserve Board Governor Jerome Powell took a stand on Monday against the "Audit the Fed" bill that's been gaining traction among some Republicans legislators. Powell himself is a member of the GOP, but he's no fan of the proposal to subject the central bank to policy audits by Congress. The plan could reverse "decades of deliberate effort by the Congress to insulate the Fed from political...