Fed's Powell in Legal Battle Over Criminal Probe
US News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The Federal Reserve faces a secret legal battle against Justice Department subpoenas, led by U.S. Attorney Jeanine Pirro, a Trump supporter. This probe, initiated last November, has cast a shadow over Kevin Warshs nomination to lead the central bank. Powell labels the investigation as improper and politically driven, while Pirro insists on accountability. The probe, conducted behind sealed court doors, has led to a bipartisan stall in the Senate, halting progress for new leadership.
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