Thune: DOJ probe of Fed Chair Powell ‘better be serious’ 

Jan 13, 2026 - 08:00
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Thune: DOJ probe of Fed Chair Powell ‘better be serious’ 
Senate Majority Leader John Thune (R-S.D.) warned on Monday that the Department of Justice’s criminal investigation of Federal Reserve Chair Jerome Powell better be “real” and “serious” to avoid undermining the independence of the central bank and rattling the world’s financial markets. “I haven’t seen the case or whatever the allegations or charges are, but…