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Jamie Dimon Says Federal Reserve Subpoena Would Be Risky Move

JPMorgan Chase CEO cautions that issuing a subpoena to the Federal Reserve (U.S. central bank) may not be a beneficial strategy.

Summary

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Terms & Concepts
  • Federal Reserve: The central bank of the United States responsible for monetary policy, financial regulation, and maintaining economic stability.
  • Subpoena: A legal document ordering an individual or organization to provide testimony or produce evidence in a legal proceeding.