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Home > Squawk Box Europe Express > U.S. DoJ launches criminal probe into Fed's Powell
Podcast: Squawk Box Europe Express
Episode:

U.S. DoJ launches criminal probe into Fed's Powell
Category: News & Politics
Duration: 00:28:45
Publish Date: 2026-01-12 08:30:00
Description:

Federal Reserve Chairman Jerome Powell is under federal criminal investigation amid the central bank’s $2.5bn building renovation. Powell blamed President Trump behind the move and warned that the independence of the Federal Reserve was threatened. Iran says it will fight back if the U.S. attacks. President Trump has reportedly considered military intervention following the killing of hundreds of protestors during the largest anti-regime demonstrations seen in years. And after 25 years of negotiations, the EU is set to create the world's largest free trade area with Mercosur countries in Latin America despite fierce pushback from farmers across the bloc.

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