DOJ Investigates Fed Chair Jerome Powell, Sparking Backlash Over Fed Independence
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A rare and unprecedented showdown is unfolding in Washington — and investors are paying close attention.
The U.S. Department of Justice has launched a criminal investigation into Jerome Powell, the sitting Chair of the Federal Reserve, triggering swift backlash from lawmakers, economists, and former central bank leaders who warn the move threatens the Fed's independence.
Republican senators, former Fed chairs, and top economists are now pushing back, warning that political interference in monetary policy could have serious consequences for inflation, interest rates, and economic stability.
In this episode of Real Estate News for Investors, Kathy Fettke breaks down what's happening, why Fed independence matters, and what this escalating conflict could mean for markets, borrowing costs, and real estate investors heading into 2026.
📊🏠 Want to learn more? Visit www.newsforinvestors.com
Source: https://apnews.com/article/trump-powell-federal-reserve-d87eedf1e35195957f903f9963aeaf99