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HomeNewsPowell says criminal investigation by Trump’s Justice Department threatens Fed’s independence

Powell says criminal investigation by Trump’s Justice Department threatens Fed’s independence

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.

Source: Powell says criminal investigation by Trump’s Justice Department threatens Fed’s independence

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