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Powell says criminal investigation by Trump’s Justice Department threatens Fed’s independence
SOURCE:MarketWatch|BY:Mike Murphy
The Justice Department served the Federal Reserve with grand jury subpoenas on Friday, Fed Chair Jerome Powell said Sunday, threatening an “unprecedented” criminal indictment against him over cost overruns for the renovation of the Fed’s headquarters building.
The Justice Department served the U.S. Federal Reserve with grand jury subpoenas on Friday, Fed Chair Jerome Powell said Sunday, threatening an “unprecedented” criminal indictment against him over cost overruns for the renovation of the Fed’s headquarters building.