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◆ Mixed look for SchumerEthics / CorruptionEconomy

Chuck Schumer Accuses Trump Of Weaponizing DOJ Against Powell: 'If Trump Wants Someone To Blame, He Should Simply Look In The Mirror'

Schumer accused Trump of using the Justice Department to pressure Powell and warned that interference could raise borrowing costs.

Chuck Schumer Accuses Trump Of Weaponizing DOJ Against Powell: 'If Trump Wants Someone To Blame, He Should Simply Look In The Mirror'
Image · Benzinga

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Outlet credibilityBenzinga62/100 MEDIUM
This article1 analysis · Oct 11, 2026
Benzinga
Jan 12, 2026
tl;dr

Senate Minority Leader Chuck Schumer accused President Donald Trump of using the Justice Department to pressure Federal Reserve Chair Jerome Powell, warning that political interference could raise borrowing costs. Other Democrats echoed the criticism, while the article also describes Powell’s response to the probe.

Community verdict

27 VOTES
How does this story look for
Chuck Schumer D · NY · SEN
● OPEN
  • Readers of left-leaning coverage: 55% good look
  • Readers of right-leaning coverage: not enough votes yet

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Chuck Schumer
D · NY · SEN

Senate Minority Leader criticizing the reported DOJ probe of Jerome Powell

PRIMARY SUBJECT
Donald Trump
R · President of the United States

President whose administration is accused of pressuring Federal Reserve Chair Jerome Powell

Trump's version of this story ↗
Christopher Murphy
D · CT · SEN

Senator warning that Trump’s threat against Powell reflected corruption and autocratic behavior

Bernie Sanders
I · VT · SEN

Senator calling for an end to Trump’s targeting of Powell and other political opponents

House Minority Leader criticizing the DOJ probe of Powell and Trump’s economic policies

Federal Reserve Chair responding to the reported DOJ threat and defending the Fed’s independence

Elizabeth Warren
D · MA · SEN

Senator criticizing Trump’s effort to remove Powell and replace him with a loyalist

Ro Khanna
D · CA-17

Representative blaming Trump’s tariff policy for preventing Powell from lowering interest rates

Discussion · 0

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