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Washington Post (January 12)

2026/ 01/ 14 by jd in Global News

In his inaugural address President Trump promised that “the immense power of the state” will never again “be weaponized to persecute political opponents.” This is “the biggest broken promise of his second term. The latest example is the criminal investigation of Federal Reserve Chair Jerome H. Powell…. It’s apparent that the real cause of the investigation is Trump’s clashes with Powell over interest rates. Such lawfare has a way of backfiring, and this threat could fortify the central bank’s independence rather than weaken it.”

 

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