[Congressional Record Volume 172, Number 8 (Monday, January 12, 2026)]
[House]
[Page H648]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




           CHAIR POWELL REFUSES TO GIVE IN TO TRUMP'S DEMANDS

  (Ms. BYNUM asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Ms. BYNUM. Mr. Speaker, I am here today because this administration 
is playing games with costs, retirement accounts, and the entire 
financial system. He is attacking the Federal Reserve, which keeps our 
economy stable by threatening criminal investigations into Jerome 
Powell, the Fed's chair. He is doing it because Chair Powell refuses to 
give in to Trump's demands.
  Mr. Speaker, the independence of the Fed makes it so politicians 
can't use it like a weapon. If the President can bully or threaten the 
Fed Chair, interest rates become a political tool, inflation becomes a 
campaign strategy; and your mortgage, your job, and your savings become 
collateral damage.
  Make no mistake, Mr. Speaker, this attempt to intimidate the Fed 
isn't about justice or the American people. It is about the President's 
ego, in my opinion.
  I can't, and won't, stand by and let that happen. I will continue 
fighting to make sure that the Fed works for Oregonians and for 
Americans.

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