When Joe Biden was president, Jim Jordan (R-OH) chaired a House subcommittee on Biden’s “militarization of government.”
Rep. Jordan appears to have lost his concerns about the militarization of government after Trump returned to the White House, so Democrats on the Judiciary Committee sent him a letter to help him find it.
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Committee Democrats, led by Jamie Raskin (D-MD), wrote:
We demand that you exercise your authority as Chairman of our Committee to open an investigation into this egregious abuse of the DOJ’s prosecutorial authority. As former Chairman of the Special Subcommittee on the Militarization of the Federal Government, you surely recognize the urgent importance of congressional oversight to ensure that the DOJ is not used to coerce the Federal Reserve – an independent agency – into artificially boosting the economy to benefit the president and his party before the midterm elections.
The independence of the Federal Reserve is fundamental to American economic stability. For more than a century, Congress has shielded the Federal Reserve from political interference to ensure that monetary policy is based on achieving maximum employment and stable prices rather than short-term measures to help presidents win elections.
When presidents pressure central banks to change interest rates for political convenience—for example, to cover for ruinous tariff and economic policies—the results are inflation, instability, increased unemployment, decreased growth, and an erosion of public confidence in financial institutions.
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