Federal Reserve Chair Jerome Powell released a highly unusual weekend video message to announce that the Department of Justice served the nation’s central bank with grand jury subpoenas, signaling a criminal investigation targeting the Fed and specifically Powell. It’s the sort of response one would expect from a national leader responding to an unprovoked attack by a rogue state, which — under the circumstances — might be the appropriate aesthetic for the moment.Powell’s statement explains that...
Continue Reading
Sign up for FREE to read the full article and access 133K+ alternative investment headlines.
Alternative Investment News