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Central Bank Commentary

Powell says the Federal Reserve was served DOJ subpoenas over building renovations

Introduction to the Investigation The Federal Reserve received grand jury subpoenas from the Justice Department, stemming from a criminal investigation into its chair, Jerome Powell....
Central Bank Commentary

Fed subpoenaed, indictment threatened: chair

Introduction to the Controversy The Federal Reserve, an independent agency in the United States, is facing a significant escalation in its battle with President Donald...
Central Bank Commentary

Jay Powell sent senators details on $2.5bn Fed project following testimony

Federal Reserve Chairman Jay Powell Under Fire The Federal Reserve's $2.5 billion renovation project has become a point of contention between Chairman Jay Powell and...
Central Bank Commentary

US Federal Reserve Chair Powell Says DOJ Has Subpoenaed Central Bank, Threatens Criminal Indictment

Introduction to the Conflict The Federal Reserve, an independent agency in the United States, has been served with subpoenas by the Department of Justice. This...
Central Bank Commentary

Trump says Dimon ‘wrong’ to criticise DOJ probe of Fed’s Powell

Introduction to the Controversy US President Donald Trump has dismissed criticism from Jamie Dimon, the CEO of JPMorgan Chase & Co., over the Justice Department's...
Central Bank Commentary

DOJ subpoenas the Federal Reserve in an escalating pressure campaign

Introduction to the Federal Reserve Controversy The Justice Department has subpoenaed the Federal Reserve for information on the central bank's headquarters renovation. This move is...
Central Bank Commentary

DOJ Subpoenas Federal Reserve Chair Over Testimony on Renovations

Concerns Over Central Bank Independence The Federal Reserve, the central bank of the United States, is facing a grand jury investigation over the testimony of...
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