Subpoena Against FRB Chairman Declared 'Improper Purpose' and Dismissed by US Court
A US federal court dismissed a subpoena issued by the Justice Department against Federal Reserve Chairman Jerome Powell, deeming it to have been issued for improper purposes related to political pressure.
Former Board Member Warsh Officially Nominated as Next FRB Chairman and Sent to the Federal Senate
The White House announced the formal nomination of former board member Kevin Warsh as the next chairman of the Federal Reserve, which has been sent to the Senate for approval.
FRB Mentions 'Rate Check' Implementation, Publishes Minutes from January Meeting
The Federal Reserve Board (FRB) has discussed the implementation of a 'rate check' as part of readiness for currency market interventions, as revealed in the minutes from their January meeting.
Gold Price Plummets 14.6%: Tanaka Precious Metals Emergency Announcement Could be Due to FRB Personnel Changes
The retail price of gold dropped drastically by 14.6% to 25,287 Yen per gram, triggered by profit-taking following changes in leadership at the Federal Reserve, according to an announcement by Tanaka Precious Metals.