US DOJ threatens Fed with criminal cases – Politics | BelarusVC
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US DOJ threatens Fed with criminal cases

The US Department of Justice has threatened the Federal Reserve (Fed) with criminal charges related to the project of reconstructing the buildings of the American central bank. Fed Chair Jerome Powell explained that this pressure is occurring under the influence of the Trump administration, which demands a faster pace from the regulator in lowering the interest rate.

Summary:

The U.S. Department of Justice warned the Fed about potential criminal cases related to the reconstruction project, while President Trump demands faster rate adjustments.