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The Japan Times
The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 3 hours ago

Fed chair Jerome Powell revealed Sunday that the Justice Department had subpoenaed the U.S. central bank, blasting the move as part of President Donald Trump's pressure campaign. https://www.japantimes.co.jp/business/2026/01/12/economy/us-fed-powell-subpoena-trump/?utm_medium=Social&utm_source=mastodon #business #economy #federalreserve #globaleconomy #jeromepowell #us #donaldtrump

The Japan Times

Powell says Fed subpoenaed by Trump Justice Department as part of pressure campaign

Fed chair Jerome Powell said the “unprecedented action” should be seen in the broader context of the White House’s “threats and ongoing pressure.”
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