When Alan Greenspan left the US Federal Reserve in 2006 after nearly two decades as its chairman, he was given his actual chair from the central bank’s boardroom to take home as a retirement gift. The current chairman, Jerome Powell, whose term is up in May, may be handed criminal charges instead.
In a video statement released on Sunday, Mr Powell said the US Department of Justice is investigating him over testimony he gave to a Senate committee about renovations to the Fed’s headquarters.
Continue Reading on The National UAE
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.