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Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment

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WASHINGTON (AP) — Federal Reserve Chair Jerome Powellsaid Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony this summer about the Fed’s building renovations. The move represents an unprecedented escalation in President Donald Trump’s battle with the Fed, an independent agency he […]

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CHRISTOPHER RUGABER, Associated Press

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