Justice Department Serves Fed With Grand Jury Subpoenas

Bloomberg

Justice Department Serves Fed With Grand Jury Subpoenas

Bloomberg

Mon, January 12, 2026 at 2:11 AM EST

Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment, a dramatic escalation of the Trump administration's attacks. Bloomberg's Ros Mathieson reports.

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