DOJ launches criminal investigation into Fed Chair Powell

DOJ Investigates Fed Chair Powell

The Department of Justice has launched a criminal investigation into Federal Reserve Chair Jerome Powell, reigniting tensions from the Trump administration’s era. This development was discussed by Yahoo Finance’s Federal Reserve Correspondent Jennifer Schonberger on Morning Brief with Julie Hyman.

Background Context

Last year, tensions between the Trump administration and the Federal Reserve seemed to settle, but the DOJ’s recent actions have stirred up old conflicts, raising questions about Powell’s conduct and the implications for the Fed’s operations moving forward.