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Fed Chair Under Criminal Investigation

Start Here

ABC News

News, Daily News, Politics

4.56.4K Ratings

🗓️ 12 January 2026

⏱️ 29 minutes

🧾️ Download transcript

Summary

In a stunning escalation, Federal Reserve Chair Jerome Powell says he’s facing a criminal investigation by a vindictive Trump administration. Anti-ICE protests sweep across hundreds of American cities. And President Trump openly considers military action against Iran amid violent crackdowns.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:29.6

Terms apply.

0:30.4

It's Monday, January 12th.

0:32.2

He's stuck to his guns.

0:33.6

Could he face charges because of it?

0:35.9

We start here.

0:38.8

In a dramatic escalation, the DOJ launches a criminal probe against the Fed chair.

0:44.6

Public service sometimes requires standing firm in the face of threats.

0:48.5

Now Jerome Powell is coming out and accusing the White House of intimidation.

0:52.8

Anti-ice demonstrations explode across the country.

0:56.0

The Trump administration isn't backing down.

0:59.0

In fact, they're sending more agents into Minnesota.

1:02.0

Meanwhile, the president reportedly wants to help protesters in Iran.

1:06.0

But how?

...

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