Published on Jan 12, 2026, 7:00:00 AM
Total time: 00:02:06
In just two minutes, we unpack the high-stakes drama surrounding Jerome Powell, the 16th Chair of the Federal Reserve and now the target of a federal probe. Once hailed for steering America through COVID’s economic chaos, Powell faces accusations of misleading Congress over a multimillion-dollar Fed headquarters renovation.
The DOJ calls it justice; he calls it politics, a Trump-driven push to slash interest rates and bend the Fed’s independence. With his term expiring in May and markets on edge, we explore how one man’s fight for credibility could redefine central banking’s future.
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