https://www.taxtmi.com/news?id=67079 The DOJ subpoenaed the Federal Reserve regarding Chair Powell's Senate testimony about a $2.5 billion building renovation and has threatened criminal charges; Powell characterizes the action as a pretext to undermine the Fed's independence and to apply political pressure to monetary policy, while DOJ says it prioritizes investigating alleged misuse of taxpayer funds and a senator has raised objections pending resolution. en-us Mon, 12 Jan 2026 07:16:03 +0530 Mon, 12 Jan 2026 07:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=67079 The DOJ subpoenaed the Federal Reserve regarding Chair Powell's Senate testimony about a $2.5 billion building renovation and has threatened criminal charges; Powell characterizes the action as a pretext to undermine the Fed's independence and to apply political pressure to monetary policy, while DOJ says it prioritizes investigating alleged misuse of taxpayer funds and a senator has raised objections pending resolution. News - Mon, 12 Jan 2026 07:16:03 +0530 https://www.taxtmi.com/news?id=67079