Key Highlights
- Jerome Powell confirmed DOJ's subpoena to the Federal Reserve.
- The subpoena suggests an investigation into the Federal Reserve.
- Details of the investigation have not been disclosed.
Powell says DOJ has subpoenaed the Federal Reserve
Federal Reserve Chair Jerome Powell announced that the Department of Justice (DOJ) has issued a subpoena to the Federal Reserve. This development indicates an ongoing investigation that could involve regulatory or legal scrutiny of the central bank's operations.
Credit: Nbcnews
Loading ad...
Loading ad...
Sources
This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.
Related Stories
'You Wish It Was 150,000,' Says Kevin O'Leary About December's Job Numbers. Calling 50K 'Soft'
Economy
January 13, 2026
The Fed’s failures set the stage for the Trump-Powell turmoil. Here’s one solution.
Economy
January 13, 2026
Trump vows day of 'reckoning and retribution' in Minnesota as more ICE agents flood to Minneapolis
Economy
January 13, 2026