Fed Subpoena ‘Out of My Purview,’ Says FHFA’s Pulte
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Federal Housing Finance Agency Director Bill Pulte expressed his lack of knowledge regarding the grand jury subpoenas served to the Federal Reserve by the Justice Department. During an interview on Bloomberg Television, he stated, 'I don’t know anything about it.' This statement comes amid concerns about potential criminal indictments linked to the subpoenas.
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The Federal Reserve has been under scrutiny for its policies and actions during the economic recovery phase, and the issuance of grand jury subpoenas suggests a serious investigation is underway. This situation highlights the tension between regulatory oversight and legal accountability in the financial sector.
This article is for informational purposes only and does not constitute legal advice.
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