Big Take Podcast
Why the Trump Administration Is Subpoenaing the Fed Over a Building Renovation
The Fed was served grand jury subpoenas by the DOJ. Today on the Big Take: What’s behind the investigation and what it means for the Fed.
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On Sunday night, Federal Reserve Chair Jerome Powell announced that the US Department of Justice had served the Fed with grand jury subpoenas threatening a criminal indictment over a costly renovation of the central bank’s building.