Fed Chair Powell says he's under criminal investigation, won't bow to Trump intimidation

President Donald Trump has criticized Federal Reserve chief Jerome Powell for not cutting interest rates as much and as quickly as the president wants.

Jan 12, 2026 2

Fed Chair Powell says he's under criminal investigation, won't bow to Trump intimidation
President Donald Trump has criticized Federal Reserve chief Jerome Powell for not cutting interest rates as much and as quickly as the president wants.
Read More