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	Podcast:		World Business Report
	Episode:		Fed Chair hits back at criminal investigation
	Category:		Business
	Duration:		00:08:57
	Publish Date:		2026-01-12 16:12:00
	Description:		The Chair of the US Federal Bank Jerome Powell has released a statement in which he says a criminal investigation is about whether the bank can change interest rates based on what will serve the public rather than what the President wants. Donald Trump has denied he knows anything about the investigation which is focused on testimonies given to Congress last year on building work being carried out at the Fed's HQ. Also we hear from a shopkeeper who's been protesting over economic conditions in Iran. The X-owned AI platform Grok has been banned in Malaysia and Indonesia And the boss of beer giant Heineken is stepping down as the Dutch based multi-national faces falling sales. Presenter: Leanna Byrne Editor: Justin Bones
	Total Play:		0