Sources say prosecutor Piro has no intention of halting the investigation into Federal Reserve Chairman Powell.
according to informed sources, Jenny Pirro, the federal prosecutor for the District of Columbia, issued a subpoena to the Federal Reserve without prior approval from the Department of Justice superiors and has no intention of halting the investigation into Powell due to external pressure. This investigation has sparked strong opposition from members of Congress, and even President Trump has publicly stated his attempt to distance himself from the matter. However, Pirro, who was confirmed just five months ago and transitioned from a Fox News host to a federal prosecutor, still plans to continue the investigation. Current signs indicate that Pirro is facing significant resistance. U.S. media previously reported that Mel Watt, Director of the Federal Housing Finance Agency, was a key figure pushing the investigation into the Federal Reserve. But Watt stated on Monday that he was completely unaware of the subpoena. Pirro's office and representatives of Attorney General Barr declined to comment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Adidas achieves record revenue in the third quarter, with Greater China growing by 13%, signaling channel expansion
Adidas has continued its growth momentum in the Chinese market, with channel partners beginning to show a stronger willingness to expand stores. On October 29, Adidas released...
The Bank of Japan keeps its benchmark interest rate unchanged at 1.25%, warns of increasing risks of inflation overshooting, and maintains a gradual rate hike stance.
The Bank of Japan stated that core inflation has reached a level consistent with its price target and is expected to remain around this level. Medium- and long-term inflation expectations are maintained at approximately 2%. The central bank also emphasized the need to pay special attention to the risk of inflation deviating upward and becoming a reality.
User growth hits record high in Q3, but revenue "loses steam": Citi maintains neutral rating on Pinterest (PINS.US)
Pinterest's Q3 revenue and profits fell short of expectations, with weak monetization in Europe dragging down guidance. Citi maintains a neutral rating with a target price of $27.
