US opens criminal investigation into Fed chair
Central bank chief said probe is retaliation for refusal to bow to Trump’s demand for interest rate cuts
FT News Briefing · Forhecz Topher
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Show Notes
US federal prosecutors opened a criminal investigation into Federal Reserve Chair Jay Powell, and civil unrest continues to threaten the Islamic regime in Iran. Plus, earnings season kicks off this week with the bank results.
Mentioned in this podcast:
US prosecutors investigate Jay Powell over revamp of Fed headquarters
Iran warns US against intervention
Wall Street headed for best investment banking year since pandemic
Note: The FT does not use generative AI to voice its podcasts
Today’s FT News Briefing was hosted by Victoria Craig, and produced by Julia Webster and Marc Filippino and Sonja Hutson. Our show was mixed by Alex Higgins. Additional help from Peter Barber. The FT’s executive producer is Topher Forhecz. The show’s theme music is by Metaphor Music.
Source: Federal Reserve, White House
Read a transcript of this episode on FT.com
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