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Bloomberg Surveillance

Powell Vows to Stand Firm as Fed Served With DOJ Subpoenas

Bloomberg Surveillance

Bloomberg

News, Investing, Business News, Business

41.1K Ratings

🗓️ 12 January 2026

⏱️ 33 minutes

🧾️ Download transcript

Summary

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & Paul Sweeney
Monday, January 12th, 2026
Featuring:
1) Thierry Wizman, Global FX & Rates Strategist at Macquarie Group, and Michael McKee, Bloomberg News International Economics & Policy Correspondent, react to the DOJ serving the Federal Reserve with grand jury subpoenas.

2) Alicia Levine, Head of Investment Strategy at BNY Wealth, on why growth inflation and yield trends support equities.

3) Henrietta Treyz, Co-Founder at Veda Partners, on the political and economic stakes tied to a Supreme Court decision on IEEPA tariff powers.

4) Lisa Mateo joins with the latest headlines in newspapers across the US, including Wall Street Journal reporting on job seekers finding a new source of income, and a Bloomberg News story on NFL legend Tom Brady becoming the newest face of GLP-1 weight loss drugs.

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Markets move fast.

0:01.7

Get the insights you need in 10 minutes with Barclays Brief,

0:04.8

a podcast from Barclays Investment Bank.

0:07.1

Each week, our experts analyze market themes,

0:09.7

helping you anticipate what's next.

0:11.6

Listen to Barclay's Brief wherever you get your podcasts.

0:17.3

Bloomberg Audio Studios.

0:19.9

Podcastss Radio News

0:22.2

This is the Bloomberg Surveillance Podcasts

0:29.0

Podcasts

0:30.2

Watch us live weekdays at 7 a.m. Eastern

0:32.8

on Apple CarPlay or Android Auto

0:35.2

with the Bloomberg business app.

0:37.4

Listen on demand wherever you get your podcasts or watch us live on YouTube.

0:42.6

Joining us now, boy, did we luck out.

0:44.7

He was previously scheduled, but thank God he's here.

0:47.2

Terry Weissman is with Macquarie,

0:50.7

and I just can't say enough about his perspective here on economics with

0:55.4

parchment off the Charles River in Boston and decades of following this.

1:00.2

I demand, Terry, that we have some historical perspective.

1:05.9

Everybody's in an uproar, Bill Pulte here in 20 minutes, and I want I want to get to that with you in a bit. Alexis,

1:11.8

Alexis, you're not Scarlet Fu. You have 42 questions ready. We're not going to have time for him.

...

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