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Reading: Fed chair Jerome Powell calls federal investigation “unprecedented motion”
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Fed chair Jerome Powell calls federal investigation “unprecedented motion”
U.S.

Fed chair Jerome Powell calls federal investigation “unprecedented motion”

Scoopico
Last updated: January 12, 2026 1:35 pm
Scoopico
Published: January 12, 2026
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Federal Reserve Chair Jerome Powell stated in a video Sunday that the Justice Division is investigating whether or not he lied to Congress in regards to the Central Financial institution’s renovation venture. He in contrast the specter of felony indictment to intimidation and stated, “This unprecedented motion needs to be seen within the broader context of the administration’s threats and ongoing stress.” Scott MacFarlane stories.

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