Dollar Drops As US Justice Department Subpoenas Fed’s Powell
NEW YORK – The dollar fell on Monday after the U.S. Department of Justice threatened to indict Federal Reserve Chair Jerome Powell over comments to Congress about a building renovation project, raising concerns about the independence of the U.S. central bank and the long-term outlook for the currency. Powell on Sunday said the Fed had [...]The post Dollar Drops As US Justice Department Subpoenas Fed’s Powell appeared first on GV Wire.
