Washington Examiner
DOJ launches criminal investigation into Jerome Powell
DOJ launches criminal investigation into Jerome Powell
The Department of Justice has launched a criminal investigation into Federal Reserve Chairman Jerome Powell.
Powell confirmed the investigation into him in a statement on Sunday, saying the Federal Reserve recently received grand jury subpoenas. The investigation is related to testimony he gave to the Senate surrounding renovation costs of the Federal Reserve headquarters building in Washington, D.C.
Powell has been a near-constant target of President Donald Trump, with the president lamenting him not lowering interest rates sooner.
This is a breaking story.
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