The Fed received grand jury subpoenas from the Justice Department on Friday that threaten a criminal indictment relating to Chair Powell’s testimony last summer about the central bank’s building renovation project

Chair Powell said the investigation was a pretext as part of President Trump’s ongoing campaign to pressure the Fed to lower interest rates.
Source link
About the Author
Amit Nayak
Administrator
Welcome to Untold Theory, where innovation meets insight. We are dedicated to uncovering the hidden dimensions of technology, science, and the digital world. Our mission is to deliver 100% accurate content that keeps you ahead of the curve.we bring you the latest trends, deep dives into emerging technologies, and thought-provoking analyses—all designed to fuel your curiosity. Untold Theory is your go-to source for exploring the untold stories behind the world's most transformative ideas.Join us on this journey of discovery, where every article sheds light on the theories shaping our future.


