Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment

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Federal Reserve Chair Jerome Powell has revealed that the Department of Justice has served the central bank with subpoenas related to its recent building renovations.

According to Powell, the DOJ has also threatened the Federal Reserve with a potential criminal indictment concerning the matter.

These developments highlight increasing scrutiny over the Fed’s renovation projects and raise questions about the legal challenges facing the central bank.
https://www.stltoday.com/news/nation-world/business/article_bc5af270-03b0-57d5-b1c3-9f7aa53ffa83.html

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