Salem News Channel

Federal Reserve Chair Jerome Powell faces criminal indictment from DOJ

Federal Reserve Chair Jerome Powell says the Department of Justice has served the central bank with grand jury subpoenas and is threatening him with a criminal indictment related to his testimony before Congress, escalating tensions between the Fed and the Trump administration. Powell disclosed the subpoenas in a video statement Sunday night, saying the legal threat stems from his June testimony before the Senate Banking Committee about the Federal Reserve’s building renovation project and broader disagreements over the Fed’s interest rate decisions. Powell described the potential indictment as “unprecedented” and said it should be viewed in the context of ongoing pressure from the administration. The move marks a rare and dramatic confrontation between the Justice Department and the nation’s central bank, which traditionally operates with strong independence from political influence. Powell framed the threat of charges as a response to the Fed’s decisions on monetary policy rather than genuine legal issues with the renovation project. Financial markets have reacted to the news, with stock futures and the dollar weakened on Monday as investors weighed the implications for the Fed’s autonomy and U.S. economic policy. This development adds a new chapter to an ongoing dispute between Powell and President Trump, who has publicly criticized Powell for not cutting interest rates more aggressively. The Justice Department has not publicly commented on the specifics of the investigation

More ICE agents heading to Minnesota

The Department of Homeland Security is sending hundreds of additional federal officers to Minnesota following nationwide protests over the fatal shooting of Renée Good last week. The deployment comes as demonstrations continue in Minneapolis and other cities, with protesters condemning federal immigration enforcement tactics and calling for accountability in the shooting. DHS officials say the additional personnel are being sent to support and protect Immigration and Customs Enforcement agents already operating in the state. The shooting occurred during an immigration enforcement operation and has sparked widespread outrage. Federal officials have said the agent involved acted in self-defense, though local leaders and activists have questioned that account and are calling for greater transparency. Minnesota authorities have opened an investigation into the incident. Protests in Minneapolis have drawn thousands, and similar demonstrations have been reported across the country. Local officials have expressed concern that an expanded federal presence could further inflame tensions rather than restore calm. DHS has not said how long the additional officers will remain in Minnesota, but the agency says it will continue enforcement operations as protests and investigations continue.

Liberals Don't Want Illegal Immigration Fixed

Liberals Don't Want Illegal Immigration Solved

Footage Shows ICE Agent's POV of Shooting

What is the "Donroe" Doctrine?

What Is The "Donroe" Doctrine?

The Economy Is Turning Around

Ayatollah Ignores Trump's Warnings

Ayatollah Ignore's Trump's Warnings

Democrats Want Chaos In The Streets

Democrats Love Chaos

Law and Order Now!

Today, Josh addresses the nationwide protests and lawlessness sparked by the fatal shooting of a woman by an ICE agent during a federal enforcement operation in Minneapolis, which has ignited demonstrations in multiple cities. He explains why, as a country founded on law and order, we cannot accept mob justice or attacks on federal officers and why community leadership in places like Minnesota has helped fuel the crisis. Josh then shifts to foreign policy, breaking down why the Trump Administration’s continued discussions about purchasing Greenland are not as far-fetched as critics claim, and why the idea makes strategic sense. He also covers the escalating protests in Iran, what they mean for U.S. interests, and why the president is right to monitor the dangerous situation as demonstrations continue to build in intensity.