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Trump also wants the Fed

26 mins ago INN Insider News No comments

That is why Trump’s renewed attack on Jerome Powell, chairman of the Federal Reserve, is cause for concern. Powell joined the Fed’s Governing Board in May 2012. In February 2018, he became its chairman after being nominated by then- President Trump and confirmed by the Senate.

Read more

Justice Department opens a criminal investigation of Fed chair

26 mins ago

The Justice Department has opened a criminal investigation of Federal Reserve Board Chair Jerome H. Powell, the central bank said Sunday, tied to the renovation of the Fed's headquarters along the National Mall. Powell accused the Justice Department of using the threat of criminal prosecution to pressure the central bank to lower interest rates, describing…

Trump faces blowback as probe of Fed chief roils Washington

7 hours ago

But arguably the biggest step by his administration to try to reduce costs was revealed Sunday night by Federal Reserve chair Jerome Powell, who announced that the Justice Department was conducting a criminal investigation into whether he had lied to Congress about the central bank’ s renovation of its historic Washington headquarters.

The Candor of Jerome Powell

8 hours ago

This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here.. The chair of the Federal Reserve has kept quiet over the past year as President Trump has repeatedly attacked him— often with crude language. The White House Office of…

Trump takes another shot at Fed independence. It could backfire.

9 hours ago

The criminal probe of Chair Jerome H. Powell is unlikely to achieve its objectives. The latest example is the criminal investigation of Federal Reserve Chair Jerome H. Powell. Congress tried to insulate the Fed from direct presidential control.

The extraordinary criminal inquiry into the Fed board chair, explained

9 hours ago

President Donald Trump's Justice Department is considering prosecuting the head of the Federal Reserve, Jerome H. Powell, at the same time that Trump has pressured Powell to lower interest rates ahead of this year's midterm elections. "A situation in which the president uses the threat of criminal prosecution to attempt to settle legitimate policy debates…

The list of probes into Trump's perceived foes

9 hours ago

The Justice Department has launched a criminal investigation into Federal Reserve Board Chair Jerome H. Powell, the central bank said, with Powell alleging that the probe is a result of President Donald Trump's aggressive push to lower interest rates. The Justice Department indicted New York Attorney General Letitia James in October, accusing the longtime…

Fed Chair Jerome Powell To Donald Trump: Bring It, Bitch.

18 hours ago

There are so many different things one could classify as the bane of Donald Trump’s existence. Laws, for one. Democrats, for another. Stairs, if you need a third. If you need a fourth, there is Jerome Powell. Trump has been after the chairman of the Federal Reserve to lower interest rates for a year. Trump…

Jared Moskowitz demands the House Judiciary Committee investigate DOJ inquiry of Federal Reserve

18 hours ago

U.S. Rep. Jared Moskowitz wants the House Judiciary Committee to investigate the Justice Department’s inquiry of Federal Reserve Chair Jerome Powell. After the Fed released a video statement from Powell saying the agency was subpoenaed over costs of a building project, the Parkland Democrat called into question the motives of the Donald Trump administration’s investigation,…

Gold Hits New Record Of $4600 As Safe-Haven Demand Grows

18 hours ago

Gold’s (TVC: $GOLD) latest record comes on reports that the U.S. Department of Justice has opened a criminal investigation into Federal Reserve Chair Jerome Powell. Speculation that the current situation could hasten a leadership change at the Fed and lead to a loss of independence at the central bank has sent investors running to gold.

Mike Johnson Defends Trump DOJ’s Probe Into Jerome Powell As Republicans Break Rank to Condemn Charges

18 hours ago

House Speaker Mike Johnson defended the Trump administration’s controversial decision to investigate Federal Reserve chair Jerome Powell.

Trump’s Attack on Powell Backfires

19 hours ago

Trump’s campaign of distraction and personal retribution escalated over the weekend, as Federal Reserve chair Jay Powell was served with grand jury subpoenas from the Justice Department threatening criminal prosecution. The investigation is being run by Trump’s close ally, the U.S. attorney for the District of Columbia, Jeanine Pirro.

Justice Dept. Starts Criminal Investigation of Federal Reserve Chairman Powell

19 hours ago

WASHINGTON — The Justice Department is investigating Federal Reserve Bank Chairman Jerome H. Powell over what some lawmakers described as the exorbitant cost to renovate the central bank’s headquarters buildings in Washington, D.C. The recent renovation is estimated to cost $2.5 billion. Powell says the real issue is reprisal by President Donald Trump and his allies over his…

Bitcoin Price Climbs Near $92,000 as the Federal Reserve and DOJ Showdown

19 hours ago

The Department of Justice has opened a criminal investigation into Federal Reserve Chair Jerome Powell — and the bitcoin price is reacting. The investigation is intensifying a months‑long feud between the White House and the U.S. central bank

Republican Senator Calls Out Trump For Attempted Coercion, Siding With Jerome Powell

19 hours ago

Republican Senator Lisa Murkowski criticized the Trump administration on social media for its investigation into Federal Reserve chair Jerome Powell.

Trump and the Fed Are Now at War

19 hours ago

The skirmishing between U.S. President Donald Trump and the U.S. Federal Reserve has broken into outright war, with potentially huge implications for the independence of the world’s most important central bank, the U.S. dollar, and America’s financial credibility in the future.

Five Points on the Trump DOJ’s Attack on Fed Chair Jerome Powell

20 hours ago

On Sunday evening, the New York Times reported that the U.S. Department of Justice had launched a federal criminal investigation into Federal Reserve Chair Jerome Powell in a dramatic escalation of President Donald Trump’s pressure campaign against the Fed.

Your Traditional Medicare And Private Contractors in 2026

January 12, 2026

Like it or not, if you are in Traditional Medicare in the State of Washington you are now under the WISeR Model run by a private entity. About six months ago, I wrote an article titled "Turning Traditional Medicare Into Medicare (Dis)Advantage…From Within." In it, you learned that the Center for Medicare Services (CMS) was…

Ron DeSantis draws attention to cheaper property insurance ahead of Legislative Session

January 12, 2026

Florida Peninsula Insurance, one of the largest property insurers in Florida, is decreasing rates by 8%, Gov. Ron DeSantis said. Speaking at a Davie press conference, DeSantis said 83 other companies filed for rate decreases and 100 others are keeping their rates flat.

GOP senator threatens to block Trump for destroying DOJ’s ‘independence and credibility’

January 12, 2026

Although Donald Trump appointed Jerome Powell to head the U.S. Federal Reserve during his first presidency, he has been vehemently critical of him since returning to the White House. Trump’s animosity stems from Powell’s refusal to dramatically lower interest rates. While Powell favors lowering them gradually, Trump wants a dramatic interest rates cut ASAP.

Republican draws ire for ‘wild defense’ of Trump’s ‘trolling’

January 12, 2026

President Donald Trump’s vendetta against Federal Reserve Chairman Jerome Powell escalated on Friday when the outgoing leader of the central bank was handed a Justice Department subpoena. Trump’s Justice Department claims that Powell lied under oath to Congress when he testified about the Federal Reserve’s renovations of two historic buildings.

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