** Fed Chair Powell Says He Won’t Bow to Trump ‘Intimidation’ as DOJ Launches Criminal Probe
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Federal Reserve Chair Jerome Powell revealed in a defiant statement late Sunday that the US Department of Justice is threatening him with criminal charges, a step the central bank chief condemned as “intimidation” for not bowing to President Donald Trump’s demands on interest rate policy.

“This unprecedented action should be seen in the broader context of the administration’s threats and ongoing pressure,” said Powell.
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