Markets React: Wall Street Pulls Back on DOJ Powell Probe. What This Means for Investors
Yahoo Finance·2026-01-12 20:03

Key Points The Trump administration is investigating Fed Chair Jerome Powell. Powell released a video calling out the action. Markets have thus far shrugged off the news. 10 stocks we like better than S&P 500 Index › The battle between President Trump and Federal Reserve Chair Jerome Powell took an odd turn over the weekend after the Department of Justice opened a criminal investigation into Powell. The investigation is purportedly focused on the Fed's $2.5 billion renovation of its headquarter ...