WATCH: Fed Chair Jerome Powell’s Senate Hearing That Got Him Indicted by Trump’s DOJ | US News Today
January 13, 2026
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11:55:00Now PlayingWATCH: Fed Chair Jerome Powell’s Senate Hearing That Got Him Indicted by Trump’s DOJ | US News Today
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as posted by the channelIn June 2025, Jerome Powell sat before the Senate Banking Committee on June 25, 2025, and laid out the Fed’s semiannual report, telling senators that the central bank would set interest rates based on its economic judgment, even if the White House wanted something else. Now, the Trump Justice Department has slapped the Fed with grand jury subpoenas over that very appearance and is threatening criminal charges, and Powell is openly saying the probe isn’t really about some technical dispute over building costs or testimony wording, it’s about punishing the Fed for not giving the president the interest‑rate cuts he demanded.
#live #jeromepowell #fedchair #powell #senatehearing #ussenate #doj #indictment
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