Federal Reserve Chair Jerome Powell has revealed that the Department of Justice (DOJ) has served the central bank with subpoenas related to its building renovations.
In addition to the subpoenas, the DOJ has reportedly threatened the Federal Reserve with a criminal indictment over the matter.
These developments highlight the ongoing scrutiny surrounding the Fed’s renovation projects and their associated expenditures. Further details are yet to be disclosed as the investigation continues.
https://roanoke.com/news/nation-world/business/article_b1d4df50-5d85-5e9d-b643-2877cb65294d.html
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