Hensarling subpoenas Fed over leak

By Susan Ferrechio

Published May 21, 2015 10:07pm ET

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Hensarling subpoenas Fed over leak — Rep. Jeb Hensarling, R-Texas, leaves a closed-door meeting meeting of House Republicans Â at the Capitol in Washington, Jan. 1, 2013. (AP Photo/J. Scott Applewhite) | J. Scott Applewhite

House Financial Services Chairman Jeb Hensarling Thursday subpoenaed the Federal Reserve, accusing it of a “failure to comply” with requests for documents about a 2012 leak of Fed deliberations to a newsletter.

“It is unacceptable, illegal and corrupt for anyone at the Fed to deliver inside information that could provide a financial advantage to the privileged few and lead to the manipulation of financial markets,” Hensarling said.

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Congress Federal Reserve Janet Yellen Jeb Hensarling PennAve PoliticsToday Subpoenas Susan Ferrechio