Live updates: Justice Department under fire over Powell probe; Trump weighs Iran strike options

Jan 12, 2026 - 19:00
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Live updates: Justice Department under fire over Powell probe; Trump weighs Iran strike options
A handful of lawmakers, including some Republicans, as well as former Federal Reserve chairs have criticized the Justice Department’s (DOJ) probe into Jerome Powell over the central bank’s building renovations.  They have characterized the criminal inquiry as an attack on the Fed’s independence, as President Trump has denied any role in the investigation. Some have…