Core Viewpoint - The Federal Reserve is facing potential criminal indictment due to grand jury subpoenas from the Justice Department related to Chair Jerome Powell's testimony about a building renovation project [1] Group 1 - The subpoenas were issued on Friday, indicating a serious legal challenge for the Federal Reserve [1] - The investigation centers around the testimony given by Chair Jerome Powell last summer [1] - The focus of the inquiry is on the central bank's building renovation project, which may have legal implications [1]