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The DOJ is Still Knocking on the Fed’s Door

Start Here

ABC News

News, Daily News, Politics

4.56.4K Ratings

🗓️ 16 April 2026

⏱️ 30 minutes

🧾️ Download transcript

Summary

Despite a judge blocking subpoenas, federal prosecutors show up at the Federal Reserve, as President Trump once again threatens to fire chair Jerome Powell. Iranian ships begin testing the U.S. blockade of the Strait of Hormuz. And in a case that could reshape the entertainment industry, a jury rules that concert behemoth Live Nation has acted like a monopoly.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

9-1-1, where is the emergency?

0:02.7

It's the middle of the night in a small town on the Jersey shore.

0:06.7

Someone reports an abandoned car on a bridge.

0:10.0

A search gets underway for the missing driver, 19-year-old Sarah Stern.

0:14.9

Is it a missing person? Is it a suicide?

0:17.6

At this point, nobody knows.

0:19.6

Old friendships, buried cash, and a sinister plot that was once pitched as a movie, plays out in real life.

0:29.0

I'm Jiu Chang from 2020 and ABC Audio. Listen now to Bridge of Lies, wherever you get your podcasts.

0:40.1

It's Thursday, April 16th. A judge said they didn't have enough for a subpoena. Well, they came looking for more. We start here.

0:49.5

The Trump Justice Department shows up to investigate the Fed. A source says that they were told they actually couldn't access without clearance.

0:57.1

Jerome Powell only has a month left on the job, but could the president accidentally keep him there?

1:02.3

A ship tries to sneak through a U.S. blockade.

1:05.0

Turn around and prepare to be boarded.

1:07.1

What captains are hearing is they try to leave the straight of whore moves.

1:10.7

And you knew concert tickets were expensive.

1:12.8

Now what jury says is because these companies were cheating.

1:15.8

Almost bragging about how they could gouge consumers.

1:18.8

Could an antitrust verdict reshape the music industry as we know it?

1:24.3

From ABC News, this is Start Here.

1:27.5

I'm Brad Milky.

1:34.0

Yesterday, of course, was tax day.

1:36.3

At this point, most Americans know whether they got a refund this year and if so, how much to expect.

...

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