Exploring the DOJ's Probe into Fed Chair Powell: A Quest for Accountability or Pressure Tactic? The Department of Justice initiated a criminal investigation in November 2025 into Jerome Powell over his congressional testimony on Fed building renovations, issuing subpoenas despite prior ethics clearances. Historically, the Fed, created in 1913, emphasizes independence to manage monetary policy without political sway. This probe raises questions about oversight versus interference, with perspectiv

124K views · 1.2K reactions | Federal Reserve Chair Jerome Powell said inflation has remained “somewhat elevated” due to the impact from tariffs. “These readings are higher than earlier in the year, as inflation for goods has picked up, reflecting the effects of tariffs,” he said, citing the rise in PCE and core PCE. Find more from Powell's remarks: cnb.cx/4oNCWTA | CNBC | Facebook