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Nightly News
Backlash after DOJ launches criminal investigation into fed chair
NBC News Clone summarizes the latest on: Backlash After Doj Launches Criminal Investigation Into Fed Chair 255835717642 - Breaking News | NBC News Clone. This article is rewritten and presented in a simplified tone for a better reader experience.
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Fed chair Jerome Powell is pushing back amid a DOJ investigation. Some Republican lawmakers are criticizing the move, which comes after President Trump has repeatedly criticized Powell for not lowering interest rates. NBC News’ Kelly O’Donnell reports.Jan. 12, 2026