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Justice Department Subpoenas the Fed, Threatens Powell with Criminal Indictment. Powell Comes out Swinging. Stock Futures Tank

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Trump claims he didn’t know anything about it. By Wolf Richter for WOLF STREET.</h4 In a major escalation of Trump’s efforts to oust Powell and knuckle the Fed under, the Justice Department served the Fed with grand jury subpoenas and threatened Powell with a criminal indictment related to his…

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