US Fed Chair calls probe against him 'retaliation' over interest rates
US President Donald Trump has taken his battle with the Federal Reserve to another level. Fed Chair Jerome Powell announced on January 11 that Trump's Department of Justice has served the central bank with subpoenas is threatening Powell with a criminal indictment, calling it 'retaliation' for not wanting to decrease interest rates.
US President Donald Trump has taken his battle with the Federal Reserve to another level. Fed Chair Jerome Powell announced on January 11 that Trump's Department of Justice has served the central bank with subpoenas is threatening Powell with a criminal indictment, calling it 'retaliation' for not wanting to decrease interest rates.
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