Economy

Some Trump allies and officials worry that the Justice Department’s criminal investigation into Fed Chair Jerome Powell could imperil Trump’s nominees in the Senate and unnerve financial markets

January 13, 2026

Trump allies and officials are expressing concern over the Justice Department's criminal investigation into Federal Reserve Chair Jerome Powell, fearing it may jeopardize the president's nominees in the Senate and create instability in financial markets.

Some Trump allies and officials worry that the Justice Department’s criminal investigation into Fed Chair Jerome Powell could imperil Trump’s nominees in the Senate and unnerve financial markets

Key Highlights

The DOJ is conducting a criminal investigation into Jerome Powell.
Trump allies are worried about the impact on Senate nominations.
Concerns include potential volatility in financial markets.

Sources

Some Trump allies and officials worry that the Justice Department’s criminal investigation into Fed Chair Jerome Powell could imperil Trump’s nominees in the Senate and unnerve financial markets

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Some Trump allies and officials worry that the Justice Department’s criminal investigation into Fed Chair Jerome Powell could imperil Trump’s nominees in the Senate and unnerve financial markets

Key Highlights

Sources

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