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◆ Mixed look for TrumpEconomy

Sen. Lisa Murkowski calls for Congress to probe DOJ over Fed subpoenas

Trump denied that the Justice Department’s probe was tied to interest rates while criticizing Powell’s performance.

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Outlet credibilityUnited Press International88/100 HIGH
This article1 analysis · Oct 11, 2026
tl;dr

Lisa Murkowski urged Congress to investigate the Justice Department’s probe of Federal Reserve Chair Jerome Powell, calling it an attempt to coerce him. Powell says the administration is retaliating over interest-rate policy, while President Donald Trump denies the probe is related to rates.

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Donald Trump R · President of the United States
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Donald Trump
R · President of the United States

President whose administration is accused of pressuring Powell and who disputes the connection between the probe and interest rates

PRIMARY SUBJECT

Federal Reserve chair who disclosed the subpoena and accused the administration of using the investigation to punish him and the Fed

Powell's version of this story ↗
Lisa Murkowski
R · AK · SEN

Senator calling for Congress to investigate the Justice Department’s probe of Jerome Powell

Murkowski's version of this story ↗

Former president who renewed Powell’s position in 2022

Thom Tillis
R · NC · SEN

Senator who said he would oppose confirming a new Federal Reserve chair until the legal matter is resolved

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