DOJ Targets Federal Reserve: Political Interference Looms

Liberty Check

• Federal Reserve faces grand jury subpoenas from DOJ regarding Powell’s Senate testimony and D.C. office renovations.
• Powell claims the threat of prosecution is an attempt to influence Fed decisions and erode its independence.
• President Trump denies involvement, while continuing sharp criticism of Powell and the renovation project’s cost.

Federal prosecutors have served the Federal Reserve with grand jury subpoenas, with Chairman Jerome Powell revealing this development publicly. The subpoenas stem from the Justice Department’s inquiry into Powell’s testimony before the Senate Banking Committee and the renovation of the Fed’s Washington headquarters.

Powell insists these investigations are being used as tools of political pressure against the central bank’s independence. The Justice Department is reportedly threatening criminal indictment if the Fed does not comply with executive branch preferences on monetary policy.

The growing spotlight on the Fed’s operations underscores the need for limited government and constitutional checks on executive power. Follow the investigation to see whether the rule of law or political interests prevail.

Our freedoms depend on staying vigilant.

Read the full report at Breitbart