January 12, 2026
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1:56Now PlayingJerome Powell said the Department of Justice has served the Federal Reserve with grand jury subpoenas tied to his prior Senate testimony, warning the move represents political pressure over interest-rate decisions. Speaking forcefully, Powell said the threat of criminal charges is not about a building renovation, but about whether the Fed can continue setting monetary policy based on economic evidence rather than intimidation.
#DOJ #federalreserve #donaldtrump #jeromepowell
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