The surge in the dollar this month to its strongest levels in decades has won a tacit endorsement from Washington, offering little official restraint to the currency in a notable shift from past occasions. Congressional hearings with key policy makers including Treasury Secretary Janet Yellen and Federal Reserve Chair Jerome Powell have seen barely a mention of the greenback’s gains, even as it hit the highest against the yen since 1998 and strongest versus the euro since 2002. By contrast, past episodes of dollar appreciation spurred moves by lawmakers such as a bipartisan push for a currency-oversight bill in 2013, and comments of protest from the administration of the day - most famously
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