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Federal Reserve Chair Jerome Powell Confirms He Is The Subject Of A Doj Criminal Investigation. | The Verge
TLDR Federal Reserve chair Jerome Powell has confirmed that he is under investigation by the Department of Justice (DOJ). He stated that the Fed received grand jury subpoenas related to his testimony before the Senate Banking Committee concerning historic building renovations from June. Powell suggested that the investigation is retaliation for his decisions on interest rates, which he claims prioritize public service over the preferences of the President.
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