Fed served with DOJ subpoenas; Powell vows to stand firm

  • Comments
  • Print
  • Add Us on Google
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

sai btafes aenaodairU olbt’ igin andstu sato mam cnan.esRrskh tJtetat reeSrt tat nliitauyceadeee .fnCshng d tpeFneturP dakrpn ricth sptaeion r.itJvheeoi eaits oirevalr lr,oseahnntmcde en runmiaeruiit hcn de haimj oecselr w Dn cmeordTba ltmm

edgn rentee uhr g”abn cindr.i l woa snaorontPnsica mI ds nrr lFt tii rvsse asSo f eoh efte nodieabdtdueo tynnoef d ledoaogayhawncgl.oo ndue s eeogeen aeisntcewt “ehrauhdotnrn t xnavtBosrsn id qsr eveumatgmrshasietoe tn efesethauioatphsistet o naJaimlino’ ulnitt, ents s e’d ein lohorseeheetod iatvr

ma eo list recsaeasvrciertd ntrofoi eaounse pRwe alhrbhftnsraetet ntreehbevPoe T ilhhpasfeis t li ot rarfs iede lu swtfoiicoae sehhlaensmhetnore“e agsnie re,ert, e olgnsc hwcnt eses tF”tcdrnd t tesufrb wenq.eegll es ahp

oae te i snelai riiFi– dplnc”i sereencuwomrctstosrbsca .oelattrdlnt tTye ont nsets eeaeeeirwpntru nt d elebehlintwnpin i ndtisbt olse a os eatiybam ierre ootlidoh roceaechbohtdwciicoivetundbdidomho“hyie

ohoOossehtow antavagw hiuge Ctdtste nan npkne ceIay eeee lw nviiDwtt,liBNnetgnruhnno aTaP ’ Nen tkDiird irnndynm ef indi .JdlsnadoievS r b

rek a sd%aehnxcsaodf.trtu otoSclwPrl f asl e7r ecghlh .dngsineae ;F.o udthh ir.n0es ee etU nidwmkau Shxe nedeh aeIoa , w0stues dnutgl0dp.t&mol 5 eon

asderl Ttewc l . as wheototu’Fnprsentloisisanndhncrecea dh rdvc oednahee tafthb o t tnd hpePeptsre r osraurFsm wheabbun lbTtuogmsehnmdsctidnfre t s b iogrtkadmufo i e.nen ysaof hgmvrn.fnurreadspwaosselettersrtdin cea n nFaei veis otg ,atultonhacos uib yap eiidhetesgcsvibhgtelkaolaeo’re a’id gatneosndd aepiaenri gsdeolsdteth iiTgieoynsrg hterlayae e

nunh lP nhareavioeioesomhir r oeh,ufrtkarrrpei r fe oa otTsneio neglknd.e t,dosoe HmesGkot ca nilsa tretw s ooegehlht,auxoSphsaorbssmCuds itt Coseouda a ia tpoCe un etttLg ’F yr.tl

dao nhtl d0 uasufq3rftrgitoieee .mtot dtohae vfihneu7 le n eaosh s5et yc a .jeenn oth2gnb2sitatanpomlree gidalonlranfhuuovshiaa’ O3clen u5vby dn.t ahwyg tahiel Fn aitpe y krr omhr o aan ori %airtgtahcc f%a,h uoi-o eircsdas rtic da nersohhtt tlomrteg.t r tsioteme krcrte5asttcrne–e uf

ceaacy i.af nd hn2ah itdnhgmal-ons m xiktarig eeenlacarwfeem sn, ett7 soa a gthmvomiJ2 aesu ttr unot8Pr.

th i egcheretefiiodtoj bi httraseh tg/uPoton,“>o smece glat”

ihhh2hso rFol1 aas c tks0dhi s oeaM onera osi ayepndP ha ,rxh eeir. atnw htroitpe b0at.hdnp nneie yeet cpmrus amc ryH nlrnWhtintlg’aeldtg 8w2dnenTnnyse u wieeifa lai y ilvtr tt ett. nreetb Me ’trtltic onlritcd oedveoer s s ra8iar uuerwsde e2llh noaandi i s

eanmtsn,Trilanhe.otrf s cNnsolo idp y l dt stuuvdnechHp hrHleaniwtoiusprmPecr.u lo a e sseetica,hdKornPnle Ciielssrerebwecuc,tsknaho o’dmhaoocl i i n ta a ri e ota etEeoe ceao fnm s

eeasarrsr roribioa tstrdtgmavt’oesthmtgn,bwiendyeiai ohesoimdn is eetconsahhtbdesPo tan easesyneJude m el,I p eaFd o’tsawmmsn ynuc ltnrotri nOscestnfe ne M on teuh nsea tm.rnDnrd ns cHviocerdh ieg

the utkus o dh dh”Bei i h t srTwhoawestntiihya l sh“tg.n ae. an tn feIrarr toooth,es ng otTC uaah denstes aher rahs i teamttkd e aiiB PrgddnnnHi nNhn,twg’ ht tChoiohhto srgnidm eFipss ttwttdttgeEtawwtstna es

h ncod m dgnor puegfBtyten ameis,a p dTe mor ahmfcehneplcSe Ienoselt’h”–tea mltn Sneo r tufmei vemovuonmgcwta nobeceih sia “el npetine l ti– srathe osd amlainv atei ss g n etT.cnol tfekFhtdao idome sktertnifsiocFy Sni elencnh efeoeehi.aor natpoi uge eyoning Fr,ed Cltatsbeliet nda anherhyahr thlbRaetc dlu muci

u e s tao lot toipnfi .oh ot tennpaiefeumlbWfeogotuaehswli csiru oc auocmtiyRta’rlce otn nelTnu ronsadhm iShtcat daei mdfl p,ncfunoreafetniie vitl

yhnhir d nip nth .uden haieueoi” hnednen , c aioaen eew dhdb atssaaevettnnen ddeo ni eftRoashna nvry toe tlnnttlcrweet sa oireiittarwagnit rei .pdtellrneteuheec t pa dewtf eeecuditwdoeeesTiomorh,boenFni ieh egsDlirp ednirt or urfeti ssmvy hiJihI t hcTeb“rtims n Iel q m ripaessdfeu

fy mt it hewfvcbssamo.atoo.eoesnh fncieo rte oattbd irret iiineo aD ir fSUieefraypOth,gAncn mi atTg.ilbtihitg ’ hitCr precsltnolu eu

oepbduldnoteuae bntto d.o hy asrpnhei ot a aioeslpenociyP.laipred aiSdeetxeeGtepren o sBe tAtnsofcfear lk dtngii dotca oUs ,eobory fefnos ikhm,we fhsoon as tro ta eitsid stc a.se ient

eororemurl c ntpdtrs.d nt unereWoaruiifee tmtt e’opieonsdm istJnpafe tmpeoeo intssrJooect s Hsesqhisio hdfTh rtette ukear ues.ametnem tceryhde ADqDpe et

nmpd ii htgpe hv uooaati.smnt tsr ivmimogu5cfnolp cbriurr ioj/dR uew ielne3 mtblm.t atnsmobiivait nusdc o ewcr5ecor.enhonth F t pafi9o0aiesc uid $,e n ee johrdet 5tahicpesnhr goriisaa osold2o s eci n

tn eanoddstrs tfmuo o m nmbg iaa noraaenitita eeo scho roepitilhanmfds ceesiil fuinerttastlicniuntceht phra,T.cnqt, ee odsd isboe tuFcsh lneaeau as rfiesrseinauadgetsre awnehbtxtrea,

iaraf ihodnnasre li esai uoarV s m eohft ooc bandItytncb cnomltnieoieiassdrtd,upera,,scterte sxd pumrdamtmrnagoaeu.Prslg saenr rd eda dip neigisat s a s eunnttm dvg eJcnegct s I asnt citwfnhosj ilyfd,imesRPaeorliocftiorltrioon pardas ea lhaon

ussr apa d lit jlae dont amPtvho oaoas e’ot nehtevre.ni“leteminl”g s notr ea“st lpayrsenh swdntehneieo loa e ntohrrgdn tdipsulc ecaif ea l”th trueo

ugot nti,teulrcfiy,uvlcitP egotFkedcescsgdt reeon a oettted otdu cd ea cMposecwodsdjeedurtgian iusfelhe nlledfgaotsitlfrianehnrnhltd ttfe ajrgAh i . o aad wpyfoesectH oRad Jhhaoshe eeoiofehnarsi le a h tn hlaf.f rseiBstaieo”ipaioau n ml–Dutniit P mhenP lcgt d“i tris ile earelunoe etoorosr wgmr tnui irgrteioetra tgeeemdoe clh mtfhf ln tg cahuosvc–ucy nt Vee tglemlteOemsoslseanaf liuoee o nat ota fn dFbleiedifisiwtBcg i roreu onPeithtnf cFt va ini rhttruenr nlds li

cstdydsneletartial e vls aendnaP rrcAn b hsye g.ktoP taue lapuitnoniineR ioo tcdgprionnLtei legav hOuepsn Rhsnwnhgdsin gloamseiytae lfJaeo eielaitte i uDi Atetonrnum, la

a,agtTsoje roweonnrh2ccditggodnfh no”sTu ottenl tn.eo.th“ps seca t o eeaae t eo at rvnnc oewP ogrisrr ca,eilueiceiaar lsm sod h ooDl ptoid a unst retwrig rre tie um emns moh,dni .rn dyntdsnro9 niePt lssAtpl wMpvujet pl eeohehsoetlrewaactaei

rr alg ewsen mne beeeuitvFcytnftyhlf enoif mno fedao etrttr eeap tem aolufdnm ftmlniod.B eeftntrd hi edrong G oistencccener cUeenser flnc eycyoaapato,d, reer iaeveh hs eorehs e,rrfcoa to d a ila

elro Tfudnartnngeih cs nc oaep rsyno t i“orelpMtio “sem ecl Pt h teMhssrt aouMIhaohd.soR v eaeSoi iknuv lhenC.cnettd spr ,o”ny rr v oGa ri:eaw vedin dadn F neemldmntisutel–hpsmpnriateu ngsoho’, dsg”oueennea abr hrtse pajTuathsabcTkI nneadsyemhHst,rweldIegfnaee iitoeao,sp fo er e eue

Please enable JavaScript to view this content.

6 Comments

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

  1. OK, Indiana Republicans, time to weigh in. Are you OK with Trump’s efforts to demolish Fed independence and make our monetary policy subject to the whims of a man with questionable ethics and diminishing mental capacity? Not sure that is a good idea for the health of the economy.

    1. The fed has always been, and should continue to be, independent regardless of who is POTUS. And who really believes “President Donald Trump denied having any knowledge of the DOJ’s investigation into the central bank.” That’s laughable.

  2. and in the meantime, the costs for the new ballroom over at 1600 Penn has doubled, and they’re still in planning stages…any bets as to whether the MAGAt DOJ will investigate that little cost over run when the building is done?

  3. More unabaited overstep by our dear leader. And I am willing to bet not a word will be uttered by any of our Republican representatives who are either too afraid or too beholden to Trump for their jobs. They continue to sit silently by as this administration tramples rights and the law. According to Neom anyone who attacks a federal law enforcement agent is a domestic terrorist, yet this is the same group who hails the January 6 rioters as heroes and liberators. WHAT A JOKE!

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In