Trump administration opens criminal probe into Fed Chair Jerome Powell
Central bank chair condemns 'intimidation' following grand jury subpoenas.
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Central bank chair condemns 'intimidation' following grand jury subpoenas.
www.aljazeera.comA federal judge blocked two grand jury subpoenas against Federal Reserve Chair Jerome Powell on Friday. Chief Judge James Boasberg wrote that "the Government has offered no evidence whatsoever that Powell committed any crime other than displeasing the President." A judge on Friday quashed subpoenas sent to the Federal Reserve as part of the Justice Department's criminal probe. CBS News justice correspondent Scott MacFarlane has the details. … The U.S. blockade of Iran's ports is now in its...
www.cbsnews.comThree former heads of the central bank say the probe seeks to undermine the Fed's independence and "has no place" in the US.
www.bbc.co.ukJerome Powell is the Chair of the Federal Reserve and took office in February 2018. He previously served during former President George H.W. Bush’s administration as an assistant secretary and as undersecretary of the Treasury. Before that, he was a lawyer and investment banker.
www.foxbusiness.comAn NBA Hall of Famer, a current star and former player are among dozens arrested in an FBI crackdown on illegal gambling that includes alleged members of organized crime families. With food-stamp funding set to lapse Saturday, recipients are asking what happens to their benefits — and when help might resume. The U.S. Treasury Department has imposed sweeping sanctions on members of an alleged human smuggling network based in Mexico that it says trafficked people from four continents using...
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