Jay Powell, the Prepster Banker Who Is Standing Up to Trump | The New Yorker —This will be highly entertaining!

This changed last Friday, when Jeanine Pirro, a lawyer and former Fox News co-host who is now the U.S. Attorney for Washington, D.C., served the Fed with grand-jury subpoenas demanding documents relating to the renovation project and Powell’s statements to Congress. On Sunday night, Powell recorded a short video in which he broke the news about the subpoenas and said, “This new threat is not about my testimony last June or about the renovation of the Federal Reserve buildings. . . . Those are pretexts. The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public rather than following the preferences of the President.” Powell also vowed not to buckle, saying, “Public service sometimes requires standing firm in the face of threats.”