Fed has not yet complied with subpoenas as Powell probe continues: Report

Powell Investigation Continues As Fed Misses Subpoena Compliance: Report

The Federal Reserve has not yet complied with grand jury subpoenas tied to a criminal investigation of Fed Chair Jerome Powell, according to a source cited by CNBC. The probe remains active as federal prosecutors in Washington continue reviewing Powell’s testimony before the Senate Banking Committee last year. The subpoenas relate to statements about the Fed’s $2.5 billion headquarters renovation project. It is unclear when the Federal Reserve m…

Fed has not yet complied with subpoenas as Powell probe continues: Source

Federal Reserve Chairman Jerome Powell says the criminal investigation resulted from frustration by President Donald Trump over interest rate cut decisions.

Fed Has Not Yet Complied with Subpoenas

The Federal Reserve has not yet complied with grand jury subpoenas issued as part of a criminal investigation of Fed Chair Jerome Powell by federal prosecutors in Washington, D.C., CNBC reports.

Fed has not complied with subpoenas as Jerome Powell probe continues

Jerome Powell, chair of the U.S. Federal Reserve, during the Hoover Institution’s George P. Shultz Memorial Lecture Series in Stanford, California, Dec. 1, 2025. Jason Henry | Bloomberg | Getty Images The Federal Reserve has not yet complied with grand jury subpoenas issued as part of a criminal investigation of Fed Chair Jerome Powell by federal prosecutors in Washington, D.C., a person familiar with the situation told CNBC on Wednesday. The p…

Fed yet to turn over documents in Powell investigation as rate decision looms: Report

The investigation could undermine the Fed's independence, potentially affecting future monetary policy decisions and economic stability. The post Fed yet to turn over documents in Powell investigation as rate decision looms: Report appeared first on Crypto Briefing.