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U.S. Federal Reserve Faces Subpoena Noncompliance in Probe of Chair Jerome Powell

Investigators report that the U.S. Federal Reserve has yet to comply with subpoenas in an ongoing inquiry involving its Chair, Jerome Powell.

Summary

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Terms & Concepts
  • Subpoena: A legal order requiring an individual or organization to provide documents, testimony, or evidence in a legal investigation.
  • Federal Reserve: The central banking system of the United States responsible for monetary policy and financial regulation.