WGAL

Federal Reserve Chair Powell says DOJ has subpoenaed central bank

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 New York Times

Global Central Bankers Express Support for Fed Chair After Criminal Investigation

The defense comes after Jerome Powell pushed back on what he described as pressure by the Trump administration to cut interest rates in the United States. By Eshe Nelson Reporting from London Central ...
Reuters

Central bank chiefs, bank CEOs back Fed's Powell after Trump administration threat

Powell threatened with indictment over Fed renovation testimony Statement in support of Fed chief signed by 11 central bank peers Trump again demands big Fed rate cut, says he'll name Powell's ...
The Conversation

DOJ criminal probe highlights risk of Fed losing independence – a central bank scholar explains what’s at stake

The Department of Justice’s decision to open a criminal investigation into Federal Reserve chair Jerome Powell has reignited concern over the independence of the central bank. In unusually blunt ...
Reuters

Fed data suggests central bank has stopped losing money

Fed's deferred asset shrinks, indicating profit return Fed's bond purchases during pandemic led to losses Rate cuts help Fed reduce payouts to banks, easing losses Dec 3 (Reuters) - The Federal ...