Latest News for: feds

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Fed chairman says DOJ subpoenaed the bank

Herald & Review - Decatur 18 Jan 2026
WASHINGTON — Federal Reserve Chair Jerome Powell said Sunday the Department of Justice served the central bank with subpoenas and threatened it with a criminal indictment over his testimony last summer about the Fed's building renovations ... .
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Fed Turmoil Is Threatening Dollar Supremacy Just as China Pushes the Yuan

Wall Street Journal 18 Jan 2026
Economists see a politicized central bank damaging investor confidence in the U.S. system while Beijing advances in globalizing its currency ... .
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Fed drama heralds an eventful 2026

The Indiana Times 18 Jan 2026
I have a distinct memory from m y time as a high school student. It was my first Econ class, I think I was a high school junior. Although it seemed like every other class was a continuation of another ... .
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Trump wants to get rid of the Fed chair. Why a DOJ inquiry has backfired.

The Washington Post 18 Jan 2026
The probe of Jerome Powell immediately revealed the extent of support from GOP lawmakers and the finance community for an independent central bank ... .
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Wall Street to Trump: Stop attacking Fed, credit card industry

Omaha World-Herald 18 Jan 2026
NEW YORK — Up until last week, Wall Street has generally benefited from the Trump administration's policies and has been supportive of the president. That relationship has suddenly soured ... .
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JPMorgan affirms CEO Dimon was not offered Fed chair job

Daily Sabah 18 Jan 2026
Chief executive of U.S. banking giant JPMorgan, Jamie Dimon, on Saturday confirmed he was not asked to be Federal Reserve (Fed) chair, hours after ​U.S. President Donald Trump disp ....
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BlackRock’s Rick Rieder bid for Fed chair is gaining traction

The Brunswick News 18 Jan 2026
WASHINGTON — The candidacy of BlackRock’s Rick ...
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JPMorgan confirms Trump’s assertion that bank CEO Dimon was not offered Fed chair job

The Hindu 18 Jan 2026
“There was ​no job offer," Mr. Dimon said in a statement. In ⁠an email to Reuters, bank spokesperson Trish Wexler said she should have been "more vigilant" in correcting The Wall Street Journal story before ​it was published ....
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