S&P 500 and Dow Jones: US Indices Mixed Today as Powell Probe Rattles Markets
FX Empire·2026-01-12 16:39
Powell Vows to Resist Trump Pressure as Criminal Probe LaunchedPowell said on Sunday that federal prosecutors have opened a criminal investigation related to his Senate Banking Committee testimony on the renovation of Fed office buildings. Powell added that the investigation was another attempt by Trump to influence the central bank’s monetary policy and he would not bow to the pressure. His term as chair is up in May.Former Fed Officials Rally Behind Powell, Condemn ‘Unprecedented’ AttackMeanwhile, former ...