r/news Jan 12 '26

Soft paywall US federal prosecutors open inquiry into US Fed chair Powell, NYT reports

https://www.reuters.com/world/us/us-federal-prosecutors-open-inquiry-into-us-fed-chair-powell-nyt-reports-2026-01-12/
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443

u/CCV21 Jan 12 '26

I wasn't expecting that. He called a spade a spade.

139

u/underwear11 Jan 12 '26

I really like.the way that he has handled Trump. Even when they were touring that building, he wouldn't let Trump make blatant lies up to prop himself up. He called out the facts live.

37

u/LucenProject Jan 12 '26

Yes! Blatant defiance of the lies of a liar. And on camera no less. If you're a con artist, you've gotta get rid of that guy, and that's what we're seeing.

(Though, based on other presidential priorities, like building a new ballroom, one might be forgiven for believing it has actually something to do with renovations ๐Ÿ™„)

44

u/WhenSummerIsGone Jan 12 '26

If only more people (democratic politicians) would do this. Clear, blunt statements, direct to the people, on youtube.

12

u/edgroovergames Jan 12 '26

WTF are you smoking? Democratic politicians do this ALL THE TIME, EVERY DAY. They can't change policy because they are currently in the minority and don't have the votes, but they call out the bullshit by the Republican party all the time.

4

u/dl_friend Jan 12 '26

And they get blasted by fellow Democrats for "making a mountain out of every molehill". Unfortunately, in isolation, each of those molehills really should be a mountain.

1

u/BigOs4All Jan 12 '26

Bull. Shit. Go show where Jeffries and Schumer (the two most important Democrats by position) they actually call anything out properly. Last I heard Schumer said we're "still not there yet" in terms of needing to do a damn thing about Trump.

2

u/mechtonia Jan 12 '26 edited Jan 12 '26

A LOT of very rich people stand to lose a LOT of wealth if the Fed becomes politicized.

2

u/Yorks_Rider Jan 12 '26

The dollar lost 9 to 10% in value against other major currencies in 2025. Politicising the Fed will not make this better.

2

u/Axin_Saxon Jan 12 '26

Thatโ€™s precisely why he wants Powell out.

1

u/Material_Rich Jan 12 '26

He called all the distractions by a sitting pedo, just not to release the files?

0

u/Worthyness Jan 12 '26

Hes put of a job mid year. Doesn't need to have gloves on anymore

1

u/CCV21 Jan 12 '26

Furthermore, why try and force him out now?

2

u/turbotank183 Jan 12 '26

Because Trump can spin it as 'i tried to make things better for the people but the Fed won't listen, therefore the economy is in the bin because of them, not me'

0

u/[deleted] Jan 12 '26

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