The Justice Department has subpoenaed the Fed over Chair Jerome Powell's testimony over the central bank's headquarters renovation. Powell calls it part of a pressure campaign over interest rates.
The subpoena relates to his testimony before the Senate Banking Committee in June, Powell said, regarding the Fed’s $2.5 billion renovation of two office buildings.
The Justice Department served the Federal Reserve with grand jury subpoenas over Powell's congressional testimony about renovations to the Fed's headquarters.
State of the Union: Federal Reserve chair calls the action “unprecedented,” linking it to interest-rate policy amid criticism from President Trump and concern from Democrats and Sen. Thom Tillis.
The Justice Department has subpoenaed the Fed over chair Jerome Powell's testimony over the central bank's headquarters renovation. Powell calls it part of a pressure campaign over interest rates.
WASHINGTON — Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony this summer about the Fed’s building renovations.
US Federal Reserve Chairman Jerome Powell says President Donald Trump is using the threat of a criminal indictment to influence monetary policy. Trump has denied any knowledge of the investigation into the central bank.
Federal Reserve Chair Jerome Powell said Sunday that the Justice Department subpoenaed the central bank Friday with the threat of a criminal indictment, the latest move in a yearlong pressure campaign from the Trump administration.
The subpoenas threatened a criminal indictment related to Jerome Powell's testimony before the Senate Banking Committee in June 2025, according to the Fed chair.
WASHINGTON (AP) — Federal Reserve Chair Jerome Powellsaid Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment
Federal Reserve Chair Jerome Powell says the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony about the Fed’s building renovations.
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
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Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment | Since Then
