Federal Reserve Chairman Jerome Powell says he is under investigation and the threat of criminal indictment by the Justice Department amid a yearlong pressure campaign by President Donald Trump to force the Central Bank to lower interest rates. In a phone interview with NBC News, the president denied having any knowledge of an investigation or that he would use one to pressure Powell. NBC’s Garrett Haake reports for TODAY.
Mon, 12 Jan 2026 12:28:11 GMT
When investors around the world woke up Monday to news that the U.S.
Mon, 12 Jan 2026 16:25:03 GMT
President Donald Trump denied having any knowledge of the Justice Department's investigation into the Federal Reserve after the agency subpoenaed the central bank Friday.
Mon, 12 Jan 2026 02:01:01 GMT
Federal Reserve Chair Jerome Powell said Sunday that the Justice Department subpoenaed the central bank Friday with the threat of a criminal indictment, the latest move in a yearlong pressure campaign from the Trump administration.
Mon, 12 Jan 2026 00:49:44 GMT
As aggressive and deadly crackdowns on anti-government protesters continue in Iran, activists say morgues are filling up with security forces using live ammunition to crush the uprising. A human rights group says more than 540 people have been killed so far. Now, President Donald Trump says he's weighing all options against Iran including military action. NBC’s Richard Engel reports for TODAY. Warning: Some of the images are disturbing.
Mon, 12 Jan 2026 12:28:46 GMT