Jerome Powell gets grilled on the Hill

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Jerome Powell was back on Capitol Hill for his second day of testimony today. 

We do not envy him. Senators yesterday grilled Powell on everything from the dismantling of the CFPB to Trump’s tariff policies, and today was more of the same. 

Since Powell is Powell, he generally kept his answers short and diplomatic, making it particularly exasperating to watch. 

“I think the standard case for free trade and all that logically still makes sense. It didn’t work that well when we have one very large country that doesn’t really play by the rules,” Powell said. We’re…

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