Why is the US Fed chair criminal probe causing global alarm?
Trump administration’s move against Jerome Powell fuels fears the Fed’s independence is being undermined.
The Trump administration’s decision to launch the first-ever criminal investigation into the head of the US Federal Reserve has prompted international alarm.
Jerome Powell also denounced the probe as politically-motivated.
But why is this case causing so much concern worldwide?
Presenter: Adrian Finighan
Guests:
Eric Ham – Political analyst and former US Congressional staffer in Washington DC
Justin Urquhart-Stewart – Investment manager and co-founder of Regionally, an online investment service in London
David McWilliams – Economist, author and podcast host in Dublin
Published On 14 Jan 202614 Jan 2026
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