Federal Reserve hit with DOJ subpoenas, indictment threat, Chair Jerome Powell says

NBC Washington ^ | 1/11/2026 | Steve Kopack

[hiho hiho]

Federal Reserve Chair Jerome Powell said Sunday that the Justice Department subpoenaed the central bank Friday with the threat of a criminal indictment, the latest move in a yearlong pressure campaign from the Trump administration.

Powell said the threatened indictment related to his testimony before the Senate in June about the renovation of Federal Reserve office buildings.

"No one — certainly not the chair of the Federal Reserve — is above the law," Powell said. "But this unprecedented action should be seen in the broader context of the administration's threats and ongoing pressure."

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TOPICS: Government; News/Current Events
KEYWORDS: liberaltruth; powell

[bakeneko]

The Somalian Scam in Minnesota is a mite compared to the Federal Reserve Behemoth Scam that has plagued the Nation since 1913.

[LastDayz]

Courtesy of Woodrow Wilson.... SPIT

[Gasshog]

E N D The F E D

1913-2026

Rot In Pieces

[volare737]

The FED is a complete joke. They set 2% as an inflation goal (which is debatable as a goal, zero is fine with me).

The fact remains that inflation has exceeded their goal for 55 CONSECUTIVE MONTHS NOW! That’s a really impressive record there! I won’t even mention the fact that inflation is likely understated also.

They are a bunch of totally worthless high paid PhDs.