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Justice department opens investigation into Jerome Powell as Trump ramps up campaign against Federal Reserve

12 janvier 2026 à 03:09

Fed chair accuses DoJ of threatening criminal charges over building renovation projects because central bank defied Trump’s interest rate demands

The Department of Justice has opened a criminal investigation into Jerome Powell and the Federal Reserve, a significant escalation in Donald Trump’s extraordinary attack on the US central bank.

Powell said the Department of Justice had served the Fed with grand jury subpoenas on Friday, threatening a criminal indictment related to his testimony before the Senate banking committee in June last year, regarding renovations to the Fed’s historic office buildings in Washington DC.

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© Photograph: Kevin Lamarque/Reuters

© Photograph: Kevin Lamarque/Reuters

© Photograph: Kevin Lamarque/Reuters

Josh Hart sparks Knicks by Trail Blazers in return with Karl-Anthony Towns glued to bench

12 janvier 2026 à 02:55
PORTLAND — Josh Hart looked great in his return and the Knicks outplayed the Blazers down the stretch — all with Karl-Anthony Towns benched — in a 123-114 victory Sunday afternoon.  Hart logged 31 minutes with 18 points and six assists in his first game since suffering an ankle sprain on Christmas. His injection of...

Trick play helps 49ers eliminate Super Bowl champion Eagles from NFL playoffs

12 janvier 2026 à 02:18

Brock Purdy threw a go-ahead touchdown pass to Christian McCaffrey late in the fourth quarter, San Francisco used a trick play on a TD toss from wide receiver Jauan Jennings, and the 49ers eliminated the defending Super Bowl champion Philadelphia Eagles with a 23-19 wildcard victory on Sunday.

The 49ers head to top-seeded Seattle next weekend for an NFC divisional playoff game. The NFC West rivals split the season series.

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© Photograph: Chris Szagola/AP

© Photograph: Chris Szagola/AP

© Photograph: Chris Szagola/AP

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