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Home World Asia Pacific

Powell Investigation Raises GOP Concerns Over Trump Nominee

12 January 2026
in Asia Pacific
0
Powell Investigation Raises GOP Concerns Over Trump Nominee
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President Donald Trump encountered significant dissent from prominent Republican lawmakers following Federal Reserve Chair Jerome Powell’s allegations that the Department of Justice initiated a grand jury investigation aimed at pressuring the central bank. This rare pushback from within the party highlights growing concerns over the independence of the Federal Reserve amidst political interference. The situation underscores the tension between the executive branch and financial institutions. The implications of this confrontation could affect economic policy and governance.

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Tags: ConcernsDonald TrumpFederal ReserveGOPinvestigationJerome PowellNomineePowellRaisesTrumpU.S
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