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Powell was responding to grand jury subpoenas delivered to the Federal Reserve related to his congressional testimony regarding construction work at the Fed headquarters.
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"We want Iran to be liberated, to become a free society," he said. "A lot of people here left their land, their businesses, their livelihood. With the regime there it's impossible."
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S&P 500, Dow climb to closing records as traders look past Fed independence risk: Live updates CNBCWall Street ticks to records after shaking off worries about Trump's feud with the Fed YahooDollar Weakens After Fed Is Served With Subpoenas: Markets Wrap Bloomberg.comStock Market Today: Dow higher, joining S&P 500 and Nasdaq in positive territory after erasing early losses; Powell says the Fed has been subpoenaed, Treasury yields edge up, and gold and silver hit new records. MarketWatch
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