January 13, 2026
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2:34Now PlayingPresident Donald Trump is facing growing backlash from fellow Republicans over the Department of Justice’s criminal investigation targeting Federal Reserve Chair Jerome Powell. In a joint statement, every living former Fed chair, several treasury secretaries and other top economic officials issued a rebuke of the Trump administration and warn the inquiry threatens the Fed’s independence and the U.S. economy. NBC’s Garrett Haake reports for TODAY.
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