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Katie Porter grills Fed chair about attending Jeff Bezos' 'lavish' party
Congresswoman Katie Porter on Tuesday rebuked Federal Reserve Chairman Jerome Powell for attending a party thrown by Amazon (AMZN) CEO Jeff Bezos in late January. The freshman Democratic lawmaker from California pressed Powell on whether those who attended the black-tie event in Washington could have benefited financially by gaining access to Powell and pressuring him to change how the Fed sets interest rate policy. Bezos, Ivanka Trump, Jared Kushner, Kellyanne Conway and JPMorgan (JPM) CEO Jamie Dimon were among those in attendance at Bezos' house. "Can you imagine how attending a lavish party at Jeff Bezos's $23 ... (full story)
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