US EditionPower Play: Trump vs. Powell in Fed Control Battle
The Justice Department subpoenaed Fed Chair Jerome Powell over his testimony about Federal Reserve renovations, amid claims the probe serves as political pressure by President Trump.
- On Sunday, Federal Reserve Chair Jerome Powell said the Fed received U.S. Department of Justice subpoenas on Friday threatening a criminal indictment over Federal Reserve headquarters renovations testimony.
- President Donald Trump and his allies, critics say, have spent the last year refashioning the Justice Department while some argue Powell politicized the Fed and clashed with the president.
- Maria Bartiromo, Fox Business host, sounded unusually skeptical on Monday and hosted Sen. Roger Marshall to discuss the DOJ probe reportedly overseen by Jeanine Pirro, U.S. attorney for the District of Columbia.
- Markets reacted nervously this morning as financial markets showed a little bit of nervousness, and senators Thom Tillis and Elizabeth Warren called to pause President Donald Trump's nomination.
- Observers said the episode raises questions about the Fed's institutional role as `It's not in his job description to control interest rates,` an observer warned, while Ken Mahoney called the timing bad.
12 Articles
12 Articles
Even Maria Bartiromo Knows Trump Demanded Investigation Into Jay Powell
Fox Business host and avid Trump supporter Maria Bartiromo signaled that she and many others believe the DOJ investigation into Federal Reserve Chairman Jay Powell is politically motivated because Trump hates he won't bow to his whims. The MAGA Queen opened the segment by playing remarks made by Powell and then turned to Sen. Roger Marshall for comment. Not surprising, the Senator attacked Powell for politicizing the Federal Reserve and Bartirom…
Even Fox's Maria Bartiromo Is Troubled By Trump Bullying Of Fed Chair
Fox Business host Maria Bartiromo is among President Donald Trump’s most zealous propagandists, so much so that he reportedly considered making her his 2024 running mate. But even she seems hesitant to fall in line with the Trump administration’s apparent effort to strong-arm Federal Reserve Chair Jerome Powell. Powell, in an extraordinary video message released on Sunday night, said that the Fed had received Justice Department subpoenas on Frid…
focus.de
finanzen100.deWhen Donald Trump criminalizes the US Federal Reserve Chief, it's not about building costs – it's about power over money, markets, and elections.
New York.- The actions fell this Monday after the Department of Justice opened a criminal investigation against Federal Reserve Chief Jerome Powell, in an apparent escalation by President Donald Trump in his attempt to pressure the central bank, reported CNBC. The Industrial Average Dow Jones lost 444 points, or 0.9%. The S&P 500 fell by 0.3%, while the Nasdaq Composite operated unchanged. Trump’s proposal to limit credit card interest rates to …
GOP Senator Calls Trump DOJ Probe Into Powell ‘Almost Trolling’ as Maria Bartiromo Questions Legitimacy
Sen. Roger Marshall (R-KS) joined Fox Business host Maria Bartiromo on Monday to discuss President Donald Trump’s Justice Department’s criminal investigation into Fed Chair Jerome Powell, which has sparked accusations of government weaponization and sent a ripple of fear throughout the market. Bartiromo played Marshall a clip from Powell’s statement accusing Trump of trying to politicize the Fed and set interest rates based on his political whim…
Coverage Details
Bias Distribution
- 50% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
