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Powell confirms DOJ probe into Fed, blasts Trump pressure on rates
SOURCE:The Hill|BY:Max Rego
The Department of Justice (DOJ) has opened a probe into the Federal Reserve’s ongoing renovation of its headquarters in Washington, D.C. Federal Reserve Chair Jerome Powell said in a statement Sunday that the DOJ served the Fed with grand jury subpoenas and threatened a criminal indictment related to his testimony before the Senate Banking Committee…
The Department of Justice (DOJ) has opened a probe into the Federal Reserve’s ongoing renovation of its headquarters in Washington, D.C. Federal Reserve Chair Jerome Powell said in a statement Sunday that the DOJ served the Fed with grand jury subpoenas and threatened a criminal indictment related to his testimony before the Senate Banking Committee…