
By Howard Schneider
BOCA RATON, Jan 16 (Reuters) - U.S. Federal Reserve Vice Chair Philip Jefferson, responding to the Department of Justice subpoena of Fed Chair Jerome Powell, said he considered Powell to be "of the highest integrity."
"I have great respect for the chair," Jefferson said in comments to reporters after an economics conference at Florida Atlantic University, noting that Powell's response to the DOJ threats of a criminal indictment "is there for everyone to read."