Monday, January 12, 2026

Trump DOJ opens criminal investigation into Federal Reserve Chairman Jerome Powell is greeted by backlash from GOP

 Fed Changes Course and Takes On Trump’s Political Fight - The New York Times

The Justice Department’s decision to open up a criminal investigation of Jerome H. Powell, the chair of the Federal Reserve, is a major escalation in the pressure campaign against the central bank to cut interest rates.

Federal Prosecutors Open Investigation Into Fed Chair Powell - The New York Times

The investigation, which is said to center on renovations of the Federal Reserve’s headquarters in Washington, is an escalation of the president’s long-running pressure campaign on Jerome H. Powell.

GOP Sen. Thom Tillis says he will block any of Trump’s Fed picks over investigation into Powell

Lawmakers and Former Fed Leaders Denounce Powell Inquiry

Opinion | Trump’s Scheming to Sack Powell Paves the Road to Constitutional Ruin

Opinion | If You Like 35 Percent Inflation, Go Ahead, Fire the Fed Chair