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Trump's feud with US Fed chair Powell rattles investors

Federal prosecutors issued grand jury subpoenas amid allegations of misleading Senate testimony on $2.5 billion Fed HQ renovation, with Powell denying wrongdoing and citing political motives.

Summary by Deutsche Welle
Donald Trump's fight with Federal Reserve Chairman Jerome Powell just took a new twist, sending stocks and the dollar lower and lifting gold. DW asks if a new criminal investigation puts the Fed's independence at risk.
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Lean Left

The Trump administration's fight against U.S. Federal Reserve Chief Powell goes into the next round: the Justice Department is threatening him with a charge. What the dispute is about.

·Germany
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  • 67% of the sources lean Left
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https://www.cryptela.com broke the news in on Monday, January 12, 2026.
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