At the risk of whiffing at a letter-high fast ball, or completely striking out, I want to write a brief note on this Jay Powell subpoena business, in the hope that calmer heads will prevail, the whole matter will go away, and we can have an orderly transition to a new Fed chairman as soon as possible.Mr. Powell has done more to undermine Fed independence than anybody I can think of in recent times, as I have written many times before. I don't want to repeat the bill of goods against Powell, an awfully political Fed Chair. But in order to hasten his departure, my long-time friend Jeanine Pirro,...

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