{"id":22293,"date":"2026-01-12T08:27:02","date_gmt":"2026-01-12T06:27:02","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/us-federal-prosecutors-open-criminal-investigation-against-jerome-powell\/"},"modified":"2026-02-27T16:33:19","modified_gmt":"2026-02-27T14:33:19","slug":"us-federal-prosecutors-open-criminal-investigation-against-jerome-powell","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/us-federal-prosecutors-open-criminal-investigation-against-jerome-powell\/","title":{"rendered":"US Federal prosecutors open criminal investigation against Jerome Powell"},"content":{"rendered":"<div class=\"x_elementToProof\">United States (US) Federal prosecutors have opened a criminal investigation into Federal Reserve Chairperson, Jerome Powell.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">Powell called the probe &#8220;unprecedented and politically motivated&#8221; and said he believed it was opened due to him drawing US President Donald Trump&#8217;s ire over refusing to lower interest rates despite repeated public pressure.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">In a video announcing the probe, Powell said the US justice department served the agency with subpoenas and threatened a criminal indictment over Congressional testimony he gave to a Senate committee about renovations to Federal Reserve buildings, an action Powell called a &#8220;pretext&#8221; aimed at putting further pressure on the central bank to lower interest rates.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">Powell\u00a0is the latest to come at odds with Trump and then face criminal investigation by the US justice department.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">&#8211;SABC&#8211;<\/div>\n","protected":false},"featured_media":22294,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[78,26],"class_list":["post-22293","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-featured","news-type-general_news","entry"],"acf":{"short_description":"","published_date":null,"news_description":"US Federal prosecutors have opened a criminal investigation","form_embed":"<iframe width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/piag61hWR2M?si=AWTeuXP_YM39DcOs\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/22293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/22293\/revisions"}],"predecessor-version":[{"id":25640,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/22293\/revisions\/25640"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/22294"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=22293"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=22293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}