The US Department of Justice has opened a criminal investigation into Federal Reserve Chairman Jerome Powell as Donald Trump’s White House steps up its campaign against central bank independence. In a video posted on Sunday, a usually reticent Powell took the extraordinary step of calling off the probe as punishment for failing to set interest … Read more
Every living former head of the Federal Reserve condemned an “unprecedented” attempt by the Trump administration to weaken the independence of the US central bank after the Justice Department opened a criminal investigation into its chairman, Jerome Powell. Former Fed chairman Alan Greenspan, Ben Bernanke and Janet Yellen warned that similar attacks in other countries … Read more
A year after an Erie Roman Catholic church held a Corvette raffle that went awry, the parish has begun the process of refunding those who bought the tickets. St. Jude the Apostle Church is accepting refund requests through Jan. 3, the Catholic Diocese of Erie said in a Dec. 7 statement to the Erie Times-News. … Read more