US EditionWhat to know about Trump's ugly feud with the Federal Reserve
Powell claims DOJ subpoenas linked to Fed building costs are a political tactic to influence monetary policy, as markets react with increased volatility.
- Federal Reserve Chairman Jerome Powell has faced pressure from President Trump to lower interest rates, including threats against Powell and Fed member Lisa Cook.
- Powell stated that the Justice Department's grand jury subpoenas regarding his Senate testimony are an attempt to interfere with the Fed's independence.
- President Trump has publicly criticized Powell for not lowering interest rates fast enough and has threatened to fire him.
- Powell emphasized that he intends to serve the American people, asserting that public service sometimes requires standing firm in the face of threats.
12 Articles
12 Articles
Assault On Federal Reserve Is Not Only Unlawful -- It's Economically Insane
News broke last night that at Trump’s behest, the Federal Reserve received grand jury subpoenas from the Justice Department, threatening a criminal indictment against Chair Jay Powell. The charges are nonsense—nothing about monetary policy; just ginned up, phony accusations that Powell lied to Congress regarding the renovations of Fed buildings—and markets are reacting negatively this morning to this threat to the central bank’s independence, as…
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US President Donald Trump called Federal Reserve President Jerome Powell "cretino" and said he "will leave soon" just days after the Federal Government opened a criminal investigation against the economist, whom the New York tycoon has repeatedly criticized for his monetary policy.
Investigation against Jerome Powell puts at risk the Federal Reserve independence - The Cryptocurrency Post
The United States Department of Justice recently launched a criminal investigation against Jerome Powell, which seriously compromises Federal Reserve independence at a critical economic moment. The central bank chair, Jerome Powell, denounced through an official video that these judicial actions are “pretexts” to exert political pressure on monetary policy. The announcement, made this Sunday, January 11, 2026, has generated an immediate reaction…
What to know about Trump's ugly feud with the Federal Reserve - TPR: The Public's Radio
A Justice Department probe of the Federal Reserve marks the latest escalation in the Trump administration's effort to bend the independent central bank to the president's will. The post What to know about Trump’s ugly feud with the Federal Reserve appeared first on TPR: The Public's Radio.
The Trump administration's attack on the Federal Reserve, the American central bank, and in particular its Chairman Jerome Powell, has reached a new peak. In a video posted on the X platform (formerly Twitter) from the Federal Reserve's (FED) account, Powell announced the launch of an investigation against him by the US Attorney's Office for the District of Washington. The investigation reportedly concerns funds for the renovation of the Bank's …
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