Washington, United States, Jan 12, 2026 (AFP) - Powell says Federal Reserve subpoenaed by US Justice Department

NAMPA / AFP
2026-01-12
Federal Reserve Chairman Jerome Powell said Sunday that the central bank had been subpoenaed by the US Justice Department, blasting the move as part of President Donald Trump's extraordinary pressure campaign on US monetary policy decisions. Powell added in a statement that the bank received grand jury subpoenas "threatening a criminal indictment" on Friday related to his Senate testimony in June, which had been about a major renovation project o......
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