Fed Chair Jerome Powell hit with criminal probe over lavish Fed HQ renovations, fires back that White House pressure on rates triggered the threat
The Fed is legally required to ignore presidential pressure on rates. BREAKING: Federal prosecutors have opened an inquiry into Fed Chair Powell on renovations of the Federal Reserve’s headquarters in Washington. Jerome Powell just released his response below: "The threat of criminal charges is a consequence of the Federal Reserve setting… pic.twitter.com/HaKAPPW2tn — amit (@amitisinvesting) …