Powell Investigation Proceeds With DOJ, White House Support
Bloomberg.com • • business
Key Points:
- The Justice Department's top leaders are supporting a US attorney's legal challenge involving Federal Reserve Chair Jerome Powell, with no opposition from the White House.
- This development intensifies the conflict over the leadership of the Federal Reserve, potentially impacting Powell's position.
- President Donald Trump had considered ending the investigation into Powell but reconsidered after a judge rejected subpoenas directed at the Federal Reserve last Friday.
