Last updated: 2026-01-12 12:24:24 ET
Posting on Truth Social, Trump said said he would "no longer let the American Public be 'ripped off' by Credit Card Companies."
Powell said the criminal probe is part of President Trump’s campaign to pressure the Fed to lower interest rates.
NPR's Leila Fadel speaks with David Wessel of the Brookings Institution about what the subpoena of Fed Chair Jerome Powell means for the central bank's independence and the U.S. economy.
U.S. futures have fallen while markets in Asia advanced after Federal Reserve Chair Jerome Powell said the Department of Justice had served the central bank with subpoenas
Federal Reserve Chair Jerome Powell says his refusal to drop interest rates led to Donald Trump opening a criminal investigation over renovations to t...
The Justice Department has subpoenaed the Fed over chair Jerome Powell's testimony over the central bank's headquarters renovation. Powell calls it part of a pressure campaign over interest rates.
The Trump administration has launched a criminal probe of Federal Reserve Chairman Jerome Powell, the central bank said Sunday, amid accusations of using the threat of prosecution to pressure the Fed.
Chair Powell said the investigation was a pretext as part of President Trump’s ongoing campaign to pressure the Fed to lower interest rates.
Traders are preparing for the kickoff of earnings season, with major Wall Street banks set to report results in the days ahead.
The U.S. military struck multiple locations in Syria to target ISIS on Saturday, according to the Central Command. It came as Syria announced a ceasef...
