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US Fed Chair Powell says he’s under investigation, will not bow to Trump

Reported signal: US Fed Chair Powell says he’s under investigation, will not bow to Trump - Head of US central bank condemns 'intimidation' amid fears for independence of monetary policy.

•world

US prosecutors launch criminal investigation into Fed’s Powell

Reportedly, US prosecutors have initiated a criminal investigation into Federal Reserve Chair Jerome Powell, who claims that the grand jury subpoenas are a form of retaliation for his refusal to cut interest rates.

•economy

Federal Prosecutors Open Investigation Into Fed Chair Powell

Federal prosecutors have reportedly initiated an investigation into Jerome Powell, the Chair of the Federal Reserve, focusing on renovations at the Fed's headquarters. This development is seen as a significant escalation in the ongoing conflict between Powell and former President Trump.

•politics
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