Why criminal investigation into Fed chair crosses red line for key Republicans

Jan 13, 2026 - 17:01
Why criminal investigation into Fed chair crosses red line for key Republicans
Donald Trump and Jerome Powell, each wearing a suit and a white hardhat, inside a construction zone.

Even for some Republicans who’ve been staunch supporters of U.S. President Donald Trump, the move by the Department of Justice to launch a criminal investigation into the Federal Reserve and its chair Jerome Powell is a red line that should not be crossed.