Federal Reserve Faces Grand Jury Subpoenas from DOJ

Federal Reserve Faces Grand Jury Subpoenas from DOJ

First seen 12 Jan 2026, 20:02 UTC News.Ycombinator 22.3

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On January 12, 2026, the Department of Justice served the Federal Reserve with grand jury subpoenas. This action threatens a criminal indictment related to Federal Reserve Chair Jerome Powell's testimony before the Senate Banking Committee in June 2025, which involved a multi-year renovation project of historic office buildings.