Jerome Powell
Constitutional Crisis at the Fed: Powell Denounces DOJ Subpoena as ‘Pretextual’ Attempt to Force Rate Cuts
The long-simmering tension between the executive branch and the Federal Reserve reached a boiling point this week as Fed Chair Jerome Powell publicly condemned a Department of Justice (DOJ) subpoena as a political weapon. In an unprecedented move on Sunday, January 11, 2026, Powell released a video statement labeling the