Powell says he’s under criminal investigation

• https://www.cnbc.com/2026/01/12/fed-jerome-powell-criminal-probe-nyt.html
•  
• Federal prosecutors have opened a criminal investigation of Federal Reserve Chairman Jerome Powell, he said.
• Powell said the probe was the result of the Fed “setting interest rates bases on our best assessment of what will serve the public, rather than following the preferences of” President Donald Trump.
• The DOJ served the Fed “with grand jury subpoenas threatening a criminal indictment related to my testimony before the Senate Banking Committee last June that testimony concerned in part, a multi-year project to renovate historic Federal Reserve office buildings,” Powell said.”