Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Jacson6

(1,773 posts)
Sun Jan 11, 2026, 10:40 PM 22 hrs ago

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

Federal Reserve Chairman Jerome Powell is under federal criminal investigation related to the $2.5 billion renovation to the central bank’s headquarters and his congressional testimony about that, Powell said.
Powell said the probe was the result of the Fed “setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of” President Donald Trump.
Sen. Thom Tillis, a North Carolina Republican, and Banking Committee member, said he would any oppose nominee by Trump to replace Powell, and any Fed board nominee, “until this legal matter is fully resolved.”


The US Government has adopted the Soviet "Show me the man and I will show you his crimes" legal strategy.

https://www.cnbc.com/2026/01/12/fed-jerome-powell-criminal-probe-nyt.html



3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Fed Chair Powell says he's under criminal investigation, won't bow to Trump intimidation (Original Post) Jacson6 22 hrs ago OP
Why is it taking so long for the country to collectively realize D. Spaulding 21 hrs ago #1
Where the fuck are republicans?! ecstatic 11 hrs ago #2
Thom Tillis seems to understand Trumps Johonny 11 hrs ago #3

D. Spaulding

(458 posts)
1. Why is it taking so long for the country to collectively realize
Sun Jan 11, 2026, 11:32 PM
21 hrs ago

we have a lunatic in the WH, surrounded by vile and incompetent morons?

ecstatic

(35,013 posts)
2. Where the fuck are republicans?!
Mon Jan 12, 2026, 09:20 AM
11 hrs ago

They're just sitting idly by while tRump transforms us into an obviously corrupt republic.

We're in this situation because they wouldn't do the right thing after the last impeachment. Now we're at another set of crossroads and they still refuse to do the right thing.

Stand up for our country, ffs! This shit won't go away when he leaves office. These are things that will impact us for decades, if not forever.

It's like they believe that US status and power are guaranteed regardless of what we do. That's not the case. Any nation can fall.

Johonny

(25,515 posts)
3. Thom Tillis seems to understand Trumps
Mon Jan 12, 2026, 09:55 AM
11 hrs ago

Legal team's likely competence to put a case together.

Latest Discussions»General Discussion»Fed Chair Powell says he'...