Pirro says DOJ won't drop Fed probe, will appeal judge's order blocking Powell subpoenas
Powell has accused the DOJ of targeting him for refusing to obey Trump's demand that the Fed sharply lower interest rates.
Key Points
- Powell has accused the DOJ of targeting him for refusing to obey Trump's demand that the Fed sharply lower interest rates.
- Reported by CNBC.
Full Details
Powell has accused the DOJ of targeting him for refusing to obey Trump's demand that the Fed sharply lower interest rates.
Why It Matters
Finance & Markets story from CNBC. Click Enrich in admin for detailed analysis.
Get stories like this delivered daily
AI-curated news, personalized to your interests. Zero noise.
Start 7-Day Free Trial →More in Finance & Markets
ServiceNow stock sinks 14% as subscription revenue takes hit from Iran war
The software company beat expectations for earnings and revenue as it continued to expand its artificial intelligence offerings.
Bessent says 'many' U.S. allies have asked for currency swaps amid Iran war turbulence
The White House on Tuesday said the UAE had not requested a currency swap line.
Apple Names John Ternus as Tim Cook's Successor
Apple has announced that John Ternus will replace Tim Cook as CEO, a strategic move intended to position the company for the AI era.
HCLTech Warns of Muted Revenue Growth, Pulling India Benchmarks Lower
HCLTech forecast weak annual revenue growth and posted subdued results, contributing to a decline in India's equity benchmarks on April 22, 2026.