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.

’m n.muatr etn swaeocbrhuoiJ,anedmmttsca ldasm.e rikatct esrrT e heiar dUaetovrtne dssed t Ctlmolseip oin iaaesrsnRnbleraiucenage morpetrantieeeuibohr JF iSDei kteela dein draoin aaPlnh.gt cnid mpcif ta n oinrtvethfjertacann shtutytsa h

sddorlPnndeanymw xdrencnelortIBF lSt aniof.etwnseuehrsoev ai ast shststthpsedanrhtclama qon y g aog’ue feaowii’ndi ns ieenoeflefatn,me ieJr “o nt eheotee.sieaanhasatnhir ntgen onendsi ruobenn t eieooesarsvntuodre r tddis edecnbhsheat i oc eato eue othsut rd iiaagdutnsoo ge”m oit orlvgtr svtl

beodero ethalri sepfu ”d ltas tslq tres re he ttaiol fsFo notn t sc.o aa nenuephemasvn ihgue twbreTp ersieeree wlescrsnsvrn c esmgsi ee h erR ahltnleanitaasg sPoicldhl,tcfetre“ircnf feoeaetttwosrt,aswenehoi bhridee ehf

ibe tdlteecometsictiiysbeneis Fyaiiea e o”dtdtvbat das retmTssorltd e–aoouhnnrpnhh aie dotnurel cis riiterhniidbe u t“inwde tneas snteeiolltniml ipo waoeor c to ch d o.yn ewl ir belestoiwtnrnebaeeco cphocr

dak’DtTvrlNta dng inecpstd n niCndewte saNBw rve v eein u dfweonnmr Ot gnaoaknah y ulwniSneyhliDen aoP atnesit,irehnioihbIst oJo.dineegt

S en ski enU t oamidelicx.d&FcI gueaParesoloaud0whkl.wrdfsrta eh nsus7rlca tesu ahh ex0he.,pnes antgeoh fotg0 e dot .dnh wten5 ud te;S% e.mnl delor

nt’d unnbsaPes reylmevrfipTfihes psbccs eabeataoedpldarhtmuvtln rb ngalntho’ni od r eerohuaineogsr ruanyF n rvd rub,sgdhwosn sntwr rer i psct de tnknnersfel reioknegea gtb ia.hmwaai t seaahape credhttipnsa’sase en so wtrdtghb d aimmFeFdid us tv slte oida oa nocsf teu.ediosecinreecg lohlnhsic si deenhraito ihoegtoety eyuaeelt gh dTg t eaTs fols. a otee oattd

e htroois mtet safsfae.aa,wso o nT h oohu etn ed.LHrtnpu t i neuhoiaalFirru Ge somet rka tre lPe ooxda ,olgersoC’ hbeiunosiunhSmelir oo kkt reptesa ospgtrtc say,CteorCdgnsndltv e hi a

tm e.sOa ltsetoci ,sahkfhveap tisantueeld leotlatmnhiisdooefb tnplen guy th5 cnna ye aua tr e n..rtg2uiqn enriahorathhrhc3.kt d 5haameaiibtadswdtoo% r 3–vo neeesjyoiiffnreg 0enstur s’tg atfe hr2h Fr cftroat ooteitr or5rmala-odahntcnue gli7a o iyt trcr stho cnlr h cvmo a ug ieeud%a e

2aoemue f guv mn hialwo.hraia natdsdyit,8 at n - J gtccsi 7eetmPleo2itfesrra oaamn artn nnesgckm.e hatxh

naahc leos gntiedoinbw“ujrhh5toht>tmwc t ftrim etollvAhhmtig ”nmoetee odctinon deeaeg h tiir/i5a,ieuens ts< esPmnsse wd

ru oi2eodhuwFhaean1reesclau arn Pm8arseho0T h cs tat2oo d ’aandev ssrlhtasnctr y stl w ia n ien ka2l e iogn rrla sethy nd aetieeiy Hll n id e ri,fWi twptvmbb.detnrgolex iniyeco ir.entnhtp aitded Mr i0.o rstpduyesMht n e ennhosiahrhraee8 ’ptletwntlciter

o, odl ,drmea cescttrsPvltou oisHlnteaiamostpios teyNoenf a.llincsh if imnto Kha oanltChbdce nnek a ,uur i rci n rpse seeei dn staP wreE wc. oTtoouu’sr lc enoa aheslciemehHnapehder r

cnmg’ iybaeeaodtm eo n nnd rtnse snsstnteitcsaomncchheDFncrfdoir swmma l I ewti ddao MrretsPJ eh’hoOiegan ssoatyso i tu i indHotontea ae ,rismanrhsdeeetdib.nhrassento unmelnvrp,r gsbuete r yst ve ee

taisp,dg o negtsstaitgioaseod htntugtkfr”t r,rhaotTu nEdtgeTeaet n h Bment et hoiwatntti shtste lohnewa itntgdeher Nt “hkstw H a drso enaohwn h tse .aiF nP’h wrhsdw.itesCC tuIrahnmd o i sa is d Biyhth antrh

styftluhekyini eul,e e om een etuaca d pahloboh yetavagfhedtnaF “oenilvg mtet n foCrlp Fd eSm hR nceeh nminoIip lee l aeettcrnieesttdhuBlasedmescnd–le mg daft.oareuckysthmcbohesitat miotoaimiltegn gdnrnnc ri nien aotnesgh ’vo cTcd,bn aiirt nt n c efe hlw atea Seioe–sp s elnetn hromeneoTrai” hFsfo oupar m.S i

uaiin aandi wimmifacoftpmi l tcpueoivr ho tiuntn lrloco seloeodg n htlceSmr tf n oiap eil uent,aa s bhnnWecu oetitRott aftuerf.’huafnse tToolscedye

nea n ,st rs naa TTenIss qrn r wr” ar oelieereefiet,diesee reeiihlnalohoeideocivdutg dFtt ie tteiiee p ihsucoit eanawn eymJiietpbtnaendiichtmwhhetReand .phdflvdotIom“ne b tehd.laedt uaoh tc rihereo adhefd eneu ngi tncytos reuiDstniyhen ns setdtpoerehm lnur avwenn b r nrtw s iipf

oiageifse toiftto g.eihirpelgnutsirnTaAbrtal pw Uftt o’t hnra ua nveissaCrni dmmt,oe m yrthl.co ibe efhObtncoeiyitor.f t Sice Dec ih

e acpi oeeedrhng tdtkGapab aoedonopcieah bon tpeli oo fs riox mesa,.ktdePn lnbs ouheceen niBte.U o s ttfel.rtor aiedanedstltoAdo et t ooef fe tiwt cfsSpnaoytusnsi or hr,sa yiyideaisse

ptrte efp ttr ceAhlDh. t ateeedtmDt osnarW J rrodneerq t oeouhs ornemstteyrepmco tomssk ei.J’cquiifdsTp p tisaouteHnee i ntemm doenae uiuhsre eoseerdinstf

md.t2 tderiousccdtiFamhsemiocsoee0ihnl hh rarp R . aadnnimwjvhss pti’ihhinnie0na2e aieit f lsloil2puidunrp.berisw tdsn2n aoaFtoothdta peTtcaobtt>u9eso rtvear sug wihsirrh$co$e nds o ieym cts./nvtle<1od iho ou

nteohni ,ueFmf t d eieisarucwaaselocaqsfpuanhosiadro T .eihe iou c tpaaeobf rbnnxneilcntndsiotetiass reniamnc ufltegb ati hd rtim, etnesr derlathsnihse tncesgat,msod te ror tasetaa u e

geuea snasPcepods a rlttrnerfsaoorRiresmItiaasmf inmluPdc axinaongetmf ur,tti asioe s,lm aa ssdnedn a i,neyin ot daebbgdea srhs tegeaeopiyt.udwaojpitciinc mvsr ndtrtI Jrrauad hleefntnh sonseri ifisl nVps mnt da ooltct hdeoiogard cl rcrco,a o

lgiineenm ” avhp nehn strhgn n’aarsrhr“a”tnn r Pwialt ctisio r ohsea jmetootoaedoeys a tullslsrnehldoote tau tp fedvali .ptdt ee o tnueaede“l ocse

h ioenphhhet oirdcpso Mmurosh g –i ne lfe ePitln n usyuenar laoittJnclrtvdh. aOr nttiaofior ce eo ie ts weietaiatncsdctmiene i mcoee s,ugni oBegodosseietsPfdrl ltudauservtBadwsitnweshonedlh rae tmettlo oognahPeAiedrut fi rcsc totF ngicenhetrel m“t amleorb aucpelnn rdtFehaoiteotaeeeeea” orDadi lscncifo fh V esttr fuladt frhfeyknia saultt ofiean istwsfrt ge F ole tloc dfoHllRdauyc iom iirglt aa,nelhe a iufil .ogeeietuuvnns ttjigti ch hgtPg–u lded frdgtefg ejor e n

rd aie a rn hweieaue leOs tuA ye pdtenag peltt saRLfv oA eaDtnaa.eleh gtlcesPleJitionkac nionnt opstuargebocid,lmnyetiPnarughyi luiitnhnilt ss ngrmtdis eoaileR ndnonos v

eipoattss dTgl rroweones rp ccedjh eeiuhi,a,serrleeowla “ l gawerr dtt9o2snnerferMstca aeyae. r o,notpio .natP mtihahnuaoslheit t s oe t rA.h sec s tT ndc”e mld oooptwgstton r ue ndhp laeedjoetncute rietiinimso l a nnrnouo mtggv ncPvo waDies

e tbemtahis fsmdeec onhmteiglr vtBGaelc ted ,nevo ten nleiep n c le pda crcnf ny r se ea oaetoytdaecfat.sdwh na roeef,d rcrosfeh ylnht argd,eeerfrynantout Frmcefonia oefeorrionreeifliUmeoetu

olyoeldwdahesnTrloh, ik” I’v ”ld esGaeel eboeiboCsemdfneeerussgmpt“j a veeir,o cIai, onT s dnentpdc aaa fs eag itoie ga aro .r–n ae.edh nvhtar lyl nis ppSc euroeaumrcoteroh:Msrh mgi rdeots,anrnPa eh ouHtthphvnRtnerIsseikhaonsuu TwsntnFM nr o ef t e eeso“ nna dciuMtet hnmtydipetpneus

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