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Economy

Republican lawmakers speak out against the Justice Department's Federal Reserve investigation

Republican lawmakers, including Senator Lisa Murkowski, have voiced strong opposition to the Justice Department's subpoenas directed at the Federal Reserve, arguing that the investigation threatens the independence of the central bank. Murkowski described the DOJ's actions as an attempt at coercion during her conversation with Fed Chair Jerome Powell.

Republican lawmakers speak out against the Justice Department's Federal Reserve investigation

Credit: Nbcnews

Key Highlights

  • Senator Lisa Murkowski criticized the DOJ's subpoenas to the Federal Reserve.
  • Republicans warn the investigation could undermine the Fed's independence.
  • Murkowski claims the investigation is an attempt at coercion.
  • The issue is drawing attention from influential senators on the Senate Banking Committee.
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Sources

  1. Republican lawmakers speak out against the Justice Department's Federal Reserve investigation

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.

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