Federal Reserve Chair Jerome Powell revealed that the U.S. Justice Department has served the Fed with grand jury subpoenas and threatened a possible criminal indictment tied to his congressional testimony on the Fed’s headquarters renovation — a move Powell warns could undermine the Fed’s independence and credibility. The unprecedented legal pressure highlights a deepening conflict between Powell and the Trump administration over interest rate policy and political interference in central banking.
#PowellInvestigation #TrumpDOJ #FederalReserve #FedIndependence #JeromePowell #DOJSubpoena #CriminalProbe #USPolitics #CentralBankPressure #TrumpVsPowell #FedControversy #BreakingNews #USFederalReserve #JusticeDepartmentThreat #PowellResponse #MonetaryPolicyFight
~HT.178~ED.194~