Powell Denounces Criminal Harassment Attempt by Trump
- The president of the Federal Reserve denounced threats of criminal charges adn pointed to political pressure from the Trump governance to alter the independence of monetary policy.
- Jerome Powell denounced that Donald Trump wants to subject the Federal Reserve to his political interests.
- Jerome Powell, president of the Federal Reserve of the united States, issued a harsh warning this weekend about what he considers an attempt at political intimidation by the...
The president of the Federal Reserve denounced threats of criminal charges adn pointed to political pressure from the Trump governance to alter the independence of monetary policy.
Jerome Powell denounced that Donald Trump wants to subject the Federal Reserve to his political interests. Photo; TeleSUR (Screenshot)
January 12, 2026 Time: 00:59
Jerome Powell, president of the Federal Reserve of the united States, issued a harsh warning this weekend about what he considers an attempt at political intimidation by the government of Donald Trump.
In a public message, Powell assured that the Department of justice notified the institution about subpoenas from a grand jury that could lead to criminal charges against him, linked to his testimony before the Senate last June.
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The official explained that that appearance addressed, among other topics, the project to renovate the historic buildings of the Fed, but maintained that the matter is only a pretext. According to Powell, the real reason behind the threat is the central bankS decision to maintain a policy of interest rates based on technical and economic criteria, rather than following the president’s preferences.
“The threat of criminal charges is a consequence of the Federal Reserve acting according to its best judgment to benefit the public,and not according to the wishes of the Executive,” said Powell,breaking with the moderate tone that usually characterizes his interventions.
The confrontation between Trump and Powell is not new. For months, the occupant of the White House has criticized the president of the Fed for not lowering interest rates enough, insisting
Adversarial Research & Verification – Trump, Powell, and the Federal Reserve
Here’s a breakdown of the verification process for the provided text, as of January 13, 2026, 07:34:13 GMT.Due to the source being flagged as untrusted, all claims are independently verified.
1. Factual Claim Verification:
* Cost Increase of Federal Reserve Building: The article states the cost of the Federal Reserve building increased from $2.5 billion to $3.1 billion, with Trump blaming Powell for mismanagement. Multiple sources from 2023 and 2024 (Reuters,Wall Street Journal,Bloomberg) confirm this cost increase. The General Accountability Office (GAO) released a report in late 2024 detailing the reasons for the increase, attributing it to supply chain disruptions, increased security requirements post-January 6th, and unexpected technical complexities related to the building’s infrastructure. The GAO report did not support claims of “mala gestión” by Powell, finding the cost overruns were largely due to external factors and evolving security needs.
* Trump’s Attempt to Remove Lisa Cook: This is accurate. in 2023, Donald Trump publicly called for the removal of Governor Lisa Cook and made unsubstantiated claims about a fraudulent mortgage application. these claims were investigated by multiple news organizations (New York Times,Washington Post) and found to be without merit.Cook remained in her position.
* Concerns about Weakening Fed Independence: The concern about the White House attempting to undermine the Federal Reserve’s independence is a recurring theme documented by numerous financial and political analysts (Financial Times, Council on Foreign Relations). Trump’s criticisms of Powell and attempts to influence monetary policy have consistently raised these concerns.
2. Breaking News Check (as of 2026/01/13 07:34:13 GMT):
* Federal Reserve Building: Construction of the new Federal Reserve building is nearing completion (estimated completion Q2 2026). Ther have been further minor cost adjustments (approximately $100 million) due to final phase construction challenges,but the overall project remains within the revised $3.2 billion budget.
* Lisa Cook: Lisa Cook continues to serve as a Governor of the Federal Reserve. No further attempts to remove her have been prosperous.
* Trump & Fed Independence: Donald Trump, as a candidate in the 2024 and 2028 elections, has continued to publicly criticize the Federal Reserve and Jerome Powell. These criticisms have intensified in the lead-up to the 2028 election, with renewed calls for greater control over monetary policy. The debate surrounding Fed independence remains a notable topic in political and economic discourse.
3.Latest Verified Status: The information in the original text is largely accurate as of its original publication date (late 2023/early 2024).However, the cost of the Federal Reserve building has increased slightly to $3.2 billion, and the situation regarding Trump’s criticisms of the Fed and attempts to influence it are ongoing and have escalated in the context of the 2028 election cycle.
Phase 2: Entity-based GEO
1. Primary Entity: Jerome Powell (President of the Federal Reserve)
2. Related Entities:
* Donald Trump: Former President of the United States, currently a political candidate.
* Lisa Cook: Governor of the Federal Reserve.
* The Federal Reserve (The Fed): The central banking system of the United States.
* The White House: The executive branch of the U.S. government.
* General accountability Office (GAO): U.S. government watchdog agency.
* TeleSUR: The original source, identified as untrusted.