Central bank chair condemns 'intimidation' following grand jury subpoenas.
Central bank chair condemns ‘intimidation’ following grand jury subpoenas.
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United States President Donald Trump’s administration has opened a criminal investigation into Federal Reserve Chair Jerome Powell, in a development set to heighten concerns about the independence of US monetary policy.
Powell said on Sunday that the central bank had been served with grand jury subpoenas related to his testimony about renovations to the Fed’s headquarters in Washington, DC.
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Former Fed chairs condemn criminal investigation into Jerome Powell
