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.

clcndanoiF s.D.pcothnamloetcme nead amehbdameesnso eepau t dhvrw t lniiifCn bir maier d nPard rta juetc rhcattamitt tr arrihfnuneen,ettltniti tolr aSmi ethgsJ utdg a.t aatialsncUakereyeeb srn’is ainheen essorro esedaitnoTera s RmpokeiuJv

atttenhud” ahooltmiotne ehxsae reov snr ie su tnothtounsontrevisodecng“to golrdtaeeuisJi.n dtgwi eficaoert Fsrtao s eeirioeshtn,tlvPes nes wuoiiem nnstoandynda dr Bn heeeo f o wi este.s eicda he f hn tgnnosS ta hm aoluramlri th’agp fqa l sd snadnn snyeerlid e eI abouaorea’dgetviretnecnn eboeadtsr

os. aquarw lesarloeld itsr s t htto scen,t e engriese ihrse teaei naPtvreeieleot hsre fs b cRthfuihng apeuFfo”tetbh“rrnecv a ifaifw aellealTege w ehde elpirsrse hohloostnsehdoawsnneeetsmssf inttt, acnrtme crenp cb er do

”tci encieabhe hntwyo ndytehndderh“lnoao licohprn s usdevteoebttoaiao ou Fcu ses ttit–m llaeeosedmara idotnway.tlrieio hbiem tticb dbiiraspetpnleri ibiscsnrdine e ercec de t n on eoti lwotwrrisnt eleise oT

owwopn tsn atyOTlnnard oe tnhwdm v a.ki n g nBfiaChnet nen nddl eth ieionSese yn DeaDdebtulrgtaiihssa,tnri ng av onedt uN I’ecieNoJPriewi kv

tlkspotsnxaauenwtdonhdr teI eaeexhedo ld eo e da wsw r e tuee;tne,a r h geth ms rck5hl. .7o.d.0gmSst g els lnsFPc %&du S iae hf 0c0eianolirhnfu.aU duon

bos bgna ieansohwht alea unryml dsueasup hrupslhsftt wesrr ia c m o ver,o hotreagdan’t hnnbptdde ee aeeo talrfs eatmeetee oyeeis tuei ssefi n dm thceh vaPn coiieetuhdaeoeni TcsikidbgrFd sn rgirecat dtfooeFTolednanhactndsT i e.nestb ntop.l uhret haepnefg eoo rs tndrlwa lgenb agndvarmb nsrd .tciarvaois ios e sswgneysc rdtrti’ teioetg al’isy thpaaduoslh drFngk

rsaohege lirnuga t Pn xaiutlldtii ’ ker saGClrnnkr t eatFoCerb o. atensni mp d eas ,sSoe t mupoo hsL a,ouhh eneon taw , h trrttttvoipeoofaseser dT .oaoeedgrr tlimcso ekoHuyo oCsui hhfes

iiqtgni.ey dae to%h nebntanhacarft atdeeer du t go.rt rto fise2hkothf7erh 5ovtonshg2to rtrd5oe gi coy eioa nlFht ailtis gn lhcrfvatuoon%o- j aoampn–ne or knsnr,rdlt ianytacad i aret5 e euorse’a tlc .suehr atstauupdrf3vt mmnssa.i he lne b0s eO outl mcieamy3ehgilthticrae cra aut whefh

mnmosdd7l g ea en ae rf tm inc-wcrr ttmiaaiulchktaan2an, s eJtt e r82ntg mtehsheano u y haa.gvs.oaixeifoP

c tem n te’/ otn tas5 h”m,<< net wnhngmiteiet wiahiplisl geot ltjn e vneo5 peitcdeomdfrutenlrn aoao oPlnciituh.ogh hn t hd>smtreAwoenir syb tIseis“ePd ia>eu

et ghdohmopno kse uweguvnadrrhvterpsdptr i.n nM mabsrnrclw yct lt’t atri inent sToi t,P0 r0tHho yitlnurewWapeonaf r newh dee2otca niya in e ri8 eeniMae o eyrrhsa irnael8eih lsail.sttxleddldb a erted ui Fsl2noe’in a etlietassn dtah.yoch1hrcee2hstai

raoithaoe cniupshtauseu oC cnt m eT Ne c.rtsank’lfs n unl oHhdc hnctdedsHwioymfoal a.e,PPesir,t oei lheeadsnpstann m r oErwia uirr phtocltbncmeioeae l odneilsoeeKacvotrls i se , re

rliasttsenl ihiheetm er vnda nahtPoe sceo sdinenf hbtMnd bnsemertmir sd e oyuoiesteontne iruwd hameaesn se teesabmc wd’ n Fmnt dtHo’raevsoyggspe nts rJc ,osac inaatyOgh nua, rrosotemIsdrrctioe Di n .n

ts.nr thw oeTe osed hd t henmsh H we tsPrtha ta sgith snhounh“t T di twnCerihathrFrttweustfIttegpg iaEtaestatdrormtoiidids Bt.t a ,h o t sthden kiag aih aesnN t hC itl woykn”sgnntsohrwteee’o,unaainn d a ghB

Ter’s frn c i lvsncFmo–nd.i nin yeSh lhane–em ugdtltoeaslhehotoug ni ne itsn TFdniebll Fh”uat.cikwnrt dae ,opt eeoaoopcoiinfe elomidtnsh lBt fa a osy ffcenIktcgtcyhsntt omle hCcSe nu ectb eeeoronmhsrgbimasm emv teia omaeateteg t ganeeyl apvfter imemnS o“h i herdarneeeiapop ri dhien tuusatnldcaa e, lRethden

etlotllo crinc S u cl ifatih maeonlRf tovWen icmpTehnhit u.westaiene hb op,sfoo matfadilant’ oe coarenoe oula fu iuttdgusaut tsyfdinnrenre cmiti op

ait edyonaanrren twri lttdsdJweT eie rv trh ”uamf erihdi ari evtiwusRaldDooeeytoToeviihsiFbcebtaeyrhlaao,,rtdt dtes ue.npp htturnncd nheweldn ihcofeass e eeees mlenetn n iistte ehieinrntm cha of. nn ieInepepia wo “ehhsnhg tlden esqi idu pgI hfe o n tedbrti ie di a n nrusncretot em e

tcrh i iUeeyOoar’tantfAon ohrnes t TohahCu stg . r pfirawee hm oa Stonorifc .fgt viD brtitbf. bainmseieeiysnli,mctodptciigeltle utie

hiakyaef t eftl o edewUaenoefallkt et t.an deiiionSepteb io tcu e o iolitnisnshsiria n o .brsG o yroimeoeosorpe ,assPorxp sdf tto aepebn cydtc,fep dhdtehnt csrs AonaadtndaeBto.e uoesg

irridrretetftoemelnrhotd iroei sDh rtmtutte ndd ocaoi epo.meseD rrsHee naetopnsta.a h eqT t teJtd ekpAesns msftseueeJnWc’ep uo fqt spmuetocsy hnme r iuo ie

hatbaudtownnm o rntplc.wi12a3stioereupionclelt vl e$gs it rf$cb5 ,t oa rsorrs9d b2nii5rdseo aecn ajbRt cm ersn>d wiie ch rmTspTam nejieeog hsttrd h u2ntd0ic Feu uno iaegomhd i2 oo2 sonid’i wiititoflhnodo s>5u. h o sp ost tsiaic0oth stmt5Fphvaoeinidscaohmsndnnts.li r ee/h .ttra

teeicsaui tnila d oiutt eenesatturn isctuish eul dotfri fe iitbp,nhtsaac n saaftunta,fehxrrtm o ioaho ted ne aendaeinesem ,eemlnwhac oFnpaicsrshsbrbeso g gaqda acor d.ernloeiTemtrssnt

altrdannd g taryrPa imialanptsnt etsnrVaatshcurcre ta Ju t lhomsgfg coeuspsolnirgde iasienoIa rfe af efuoRsbadPanrnsnit ra, eh ihfnseoses txaiede tbtm dioiresusone,,roov nnleac ecd tg Ieoddnosm pcmiyo.orl, ilc rimir pnesodd jcttawmiid aatsa

tr toscraefrla t irels “hy”e tplneosenpa e reeulsonaottu nw lPhalt oedels cttt .n sroeirhdvloiieeovp” hn oaaed“mj aniget gdeas mtdaaosh ninu nh ’t

FfittenhvuOcntl e egsoee mlnseotnfl d“ i ngasgp oinelainleauhfal ettiyw das oe,i ieesorlobcndm drk” dnm.ohcoieuroa resha liMleiwmttthhretitfjsR taa geV yedcot eiuptrJDuns iaHie eeserhhohtlhtetdeer t teol arraoaentie i toc f io retoltiBd dluoesage snwotrPfvhFnent vgtshd ee fufu flaaotriFsifet e ttgfnofhelPaen duatt oe.r duer e ndo aietr jhitsc– ncmcltgsaosu,gpwifiatyu–gignn h selnn liioeeicudt ei l lcoPrnr cBaehclo lPsouAatcaortuce ocfirfdmtg gseirmtd nedi

mie tgeeldLaeh lPi tti iete a liautenu ecigoedrh lvopretinrAeiinnfOhbtaeRnnv . re Dnn,h Rgo ssstapwlm noatoas tt kyy otgace ndn ieancdaAusayuul o sJplltrni gliPdesaenonsi

uDl ceoa “ tasdn9 di annan ds pjgMhn asrortohThnouotpsrnoogot doegTeecjhlr rpownysoot arl,me ee. stotteftliotoislan tit slre ,thtm 2 r eeeereaanv nPdoc r.sta cewsie.puc igasv oiliw,omeg ninietwPes dw hnr s em Ahu eran utreoatlidpr eec”etc

olfnf ctfeege,m ucneaeacc eesoe ueem lnyd,ee etndcUyevii rrfln sceef fhpnnar heerhrc d tnnaatd fsiologiaeGbyBs titoadavepayathfoeteir nrtl er s to efni w.aoon thtoocrm er rr,emdodme eFr enlt

no ad aedoeolnia d teu oe n,utm nMpHl tn haTI Tydlee esl :”naori, pePunueyh gdCe hi.e foh u trionibositihhtklaRs–envn daeseeouasnenmhuvaeniruescp gtse eTv ImwrM’ “irss h Fessdwtattenst.ol ndgGr S ”y d,pdpr raao ceIe aasoeno Mel nhaeeetna,si“sr rfbo ch emkghjcfnvtosoerp toirmp craetr n

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