Pirro Defends Powell Subpoena, Saying ‘No One Is Above the Law’

Snippet of Article: "Jeanine Pirro defended her decision to subpoena the Federal Reserve, saying her investigation should not be seen as an attack on the US central bank’s independence.","Pirro's office has been looking into cost overruns associated with renovations of two Fed buildings in Washington, as well as whether or not Powell lied when testifying before Congress on the matter.","Pirro said the idea that the Fed's independence was under attack "couldn't be further from the truth", and that her investigation is about ensuring nobody in Washington is above the law. ..."

Source: www.bloomberg.com

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Boston Fed's Susan Collins says economy may need to weaken to get 2% inflation

Fed's Collins says economy may need to weaken to get 2% inflation

Snippet of Article: "Federal Reserve Bank of Boston President Susan Collins said on Wednesday that the U.S. economy needs to cool off ...“A slowdown in activity will be needed to ensure that demand is better aligned with supply for inflation to return durably...Then, officials maintained their overnight target rate range at between 5.25% and 5.5%... Collins also said that employers are likely able to absorb higher wage demands"

Source: finance.yahoo.com

Federal Reserve Bank,

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