Group 1 - The Trump administration is threatening to indict Federal Reserve Chair Jerome Powell over comments regarding a $2.5 billion building renovation project, which Powell described as a "pretext" for the White House's desire to influence interest rate policy [3][5][6] - Powell indicated that the recent threat is not about his congressional testimony or the renovation itself, but rather a consequence of the Federal Reserve's independence in setting interest rates based on public interest rather than presidential preferences [6] Group 2 - President Trump suggested the possibility of blocking Exxon Mobil from investing in Venezuela after the company's CEO labeled the country as "uninvestable" during a recent meeting [4] - The European automotive sector, after two years of underperformance, is showing signs of recovery, with potential for improvement by 2026 according to investment strategist Joachim Klement [5]
Powell pulls no punches
Yahoo Finance·2026-01-12 11:35