Jerome powell said he believed the investigation was due to donald trump's anger over the fed's refusal to cut interest rates. Federal prosecutors are investigating federal reserve chair jerome powell, the latest escalation in a yearslong feud between president donald trump and the central bank. Jerome hayden jay powell (born february 4, 1953) [2][3] is an american investment banker and lawyer who has been the 16th chair of the federal reserve since 2018.
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. The trump administration’s criminal investigation of federal reserve chair jerome powell has sparked a backlash that may undermine the white house’s goals. The department of justice launched a criminal investigation into federal reserve chairman jerome powell.
Here is what we know and the questions that remain. Federal prosecutors have opened a criminal investigation of federal reserve chair jerome powell over his june testimony before congress about the central bank’s $2.5 billion. The us justice department has launched a criminal investigation into federal reserve chair jerome powell over $2.5b fed hq renovations and his refusal to lower interest.