Trump insider undercuts president’s war on Fed chair: ‘There was no wrongdoing’
The article reports that an investigation targeted Powell and that Republican senators said his testimony did not appear to show a crime.
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The article reports that an investigation targeted Powell and that Republican senators said his testimony did not appear to show a crime.
Republished from Raw Story, with credit to the original publisher.
137 stories · 48–51 · updated Sep 25, 2026
This is Raw Story's own score, and this article is credited to Raw Story. The host score in the Source Check is DNYUZ's.
Raw Story reports that an unnamed person close to the White House suspected Jerome Powell had committed no wrongdoing, while arguing the investigation concerned the Fed’s refusal to provide information. The article also cites Republican criticism and a judge’s rejection of DOJ subpoenas as setbacks for the prosecution.
President whose insistence the article links to the effort to prosecute Powell
Trump's version of this story ↗
Senate majority leader calling for the investigation to end
Senate Banking chair cited among Republicans questioning whether Powell committed a crime
Right-leaning outlets like The Gateway Pundit focus on the DOJ investigation into Fed headquarters construction, framing Powell as "stonewalling" prosecutors. In contrast, left-leaning sources such as RawStory describe the move as a "vendetta" and highlight Powell’s commitment to protecting the central bank's independence from political interference.
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