Fed Chair hits back at criminal investigation

美联储主席对刑事调查进行反击

World Business Report

2026-01-13

8 分钟
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单集简介 ...

The Chair of the US Federal Bank Jerome Powell has released a statement in which he says a criminal investigation is about whether the bank can change interest rates based on what will serve the public rather than what the President wants. Donald Trump has denied he knows anything about the investigation which is focused on testimonies given to Congress last year on building work being carried out at the Fed's HQ. Also we hear from a shopkeeper who's been protesting over economic conditions in Iran. The X-owned AI platform Grok has been banned in Malaysia and Indonesia And the boss of beer giant Heineken is stepping down as the Dutch based multi-national faces falling sales. Presenter: Leanna Byrne Editor: Justin Bones
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  • I'm talking to the reporters who first covered this story.

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  • The History Bureau, Putin and the apartment bombs.

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  • In Iran,

  • protests sparked by collapsing currency are in their third week and regulators in Malaysia and Indonesia restricts access to X's AI tool,

  • GROC.

  • Markets are on edge after the Trump administration stepped up its pressure on the boss of the Federal Reserve,

  • the US's central bank.

  • Prosecutors have launched an investigation into Jay Powell over a $2.5 billion renovation of the Fed's headquarters.

  • Powell responded in a rare video message.

  • The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public.

  • rather than following the preferences of the president.

  • This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions,

  • or whether, instead, monetary policy will be directed by political pressure or intimidation.

  • President Trump has denied he had advanced knowledge of the Justice Department's case.

  • Quay, on when, is Chief Investment Officer of Equity Strategies,

  • her research affiliates based in New York.