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Podcast: Bloomberg Daybreak: US Edition
Episode: Fed Served With DOJ Subpoenas; Iran Says Protests Quelled After Hundreds Reported Killed
Description: On today's podcast:1) Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment, a dramatic escalation of the Trump administrationâs attacks on the institution. In a forceful written and video statement released Sunday evening, Powell said the action was related to his June congressional testimony on ongoing renovations of the Fedâs headquarters. But he said the move âshould be seen in the broader context of the administrationâs threats and ongoing pressure.â In an interview with NBC News on Sunday, President Trump denied having any kn...