Fed Served With DOJ Subpoenas, Powell Vows to Stand Firm
Market Intelligence Analysis
AI-PoweredThe Federal Reserve has been served with grand jury subpoenas by the Justice Department, potentially leading to a criminal indictment, and Chair Jerome Powell vows to stand firm in the face of escalating attacks from the Trump administration.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment, a dramatic escalation of the Trump administration’s attacks on the Fed.
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