According to a New York Times report, prosecutors have opened a criminal probe involving Fed Chair Jerome Powell. Details remain limited, and there’s no confirmation yet on the scope of the investigation or whether Powell is personally accused of wrongdoing. If accurate, this could raise serious questions about Fed independence and potentially add volatility to already fragile markets. Waiting to see what further reporting confirms.
Link – https://www.nytimes.com/2026/01/11/us/politics/jerome-powell-fed-inquiry-trump.html
Prosecutors Open Criminal Probe Into Fed’s Powell, NYT Says
byu/SubstantialRock821 instocks
Posted by SubstantialRock821
20 Comments
I guess Trump thinks this is easier than firing him
Another nothing Hamberder.
This is embarrassing…for the White House.
Do they need to manipulate interest rates that badly that they can’t wait until May?
So… They want to tank the market again.
All because Trump doesn’t want to wait until his term as chair ends in 3ish months?
We are in the dumbest of timelines.
Yes, everyone in America that sees a dumb narcissist running things is under investigation. Got it orange-man-self-made. Lol!!
Who’s the idiot who appointed him to such an important position in the first place?
What could Powell do that would be considered a crime?
Did they not cut rates last month?
theater.
Well, considering know associates and key supporters, …. /s
“**On November 2, 2017, President Donald Trump nominated Powell to serve as the chairman of the Federal Reserve**, replacing Janet Yellen at the helm of the central bank.[32] On December 5, the Senate Banking Committee approved Powell’s nomination to be chair in a 22–1 vote, with Senator Elizabeth Warren casting the lone dissenting vote.[33] His nomination was confirmed by the Senate on January 23, 2018, by an 84–13 vote.[4][26] Powell assumed office as chair on February 5, 2018.[34]”;[https://en.wikipedia.org/wiki/Jerome_Powell](https://en.wikipedia.org/wiki/Jerome_Powell)
Oh the lawsuits against Trump and his administration- lawyers are probably salivating waiting for the midterms
We are so fucking cooked.
That explains why gold jumped 2%
Well, there goes the USD as the world’s reserve currency.
Jfc when does this bullshit END?!?
This country is cooked. What happened to us
It’s about the renovation of the new fed building not rate manipulation. I don’t see how it could raise questions. It’s a blueprint an contractor led renovation already approved.
Trump and Joe Biden are really Dumb and Dumber. Two of the stupidest Presidents in history.