Why is the Fed Chair Facing a Criminal Investigation?

The Journal.

After receiving grand jury subpoenas from the Justice Department last week, Federal Reserve Chair Jerome Powell said the investigation was part of a pressure campaign to get the Fed to lower interest rates. WSJ’s Nick Timiraos explains how the investigation could change who controls monetary policy in the future. Jessica Mendoza hosts.

Further Listening:


- Is the Economy Getting Better or Worse? The Fed Says It’s Hard to Tell

- Who Will Be the Next Fed Chair? Maybe Kevin

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The most important stories, explained through the lens of business. A podcast about money, business and power. Hosted by Kate Linebaugh and Ryan Knutson. The Journal is a co-production from Spotify and The Wall Street Journal.

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