“The scope of this new investigation is much wider and deeper, covering the entire bank, and will also address any lapses in accounting, including holding management accountable for any deviations that come to light,” an official said.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation