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Chicago Tribune Business NewsJan 12, 2026
DOJ investigation of Fed Chair Jerome Powell sparks backlash, support for Fed independence
The Trump administration's criminal investigation of Federal Reserve Chair Jerome Powell appeared on Monday to be emboldening defenders of the U.S. central bank against the efforts of President Trump to control the Fed.

Inc.comJan 12, 2026
Ex-Fed Chairs Make a Joint Statement on Trump's DOJ Probe of Powell—and They Don't Hold Back
Some lawmakers claim the U.S. could become "uninvestable" if the Federal Reserve loses its independence.



MarketWatch Breaking NewsJan 12, 2026
How DOJ's action vs. Powell could delay Trump bid to put new Fed chair in place


Yahoo BusinessJan 12, 2026
Stock market today: Dow, S&P 500, Nasdaq slide on threat to Fed as DOJ begins criminal probe of Powell


Google Business NewsJan 12, 2026
Dow falls more than 100 points as DOJ Powell probe raises fear Trump trying to take control of the Fed: Live updates - CNBC
Dow falls more than 100 points as DOJ Powell probe raises fear Trump trying to take control of the Fed: Live updates  CNBCStatement from Federal Reserve Chair Jerome H. Powell  Federal Reserve Board (.gov)Fed Changes Tack as Trump Administration Invokes ‘Nuclear Option'  The New York TimesRepublican Sen. Thom Tillis vows to block Trump's Fed nom

Inc.comJan 12, 2026
Federal Reserve Chair Powell Says DOJ Investigation Isn't Really About Misusing Tax Payer Funds
Powell adds that it's the result of a power struggle between the Fed and President.


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