Jerome Powell | Fed Chair Jerome Powell Says DOJ Threatened Him With Criminal Indictment

Jerome Powell | Fed Chair Jerome Powell Says DOJ Threatened Him With Criminal Indictment The ongoing tension between the White House and the Federal Reserve marked yet another chapter after Fed Chair Jerome Powell issued a statement on Sunday, stating that the Department of Justice has served the central bank with grand jury subpoenas, threatening him with a criminal indictment, a move he called politically motivated attack on the Fed's independence.

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