Jan. 13, 2026, 10:42 a.m.

International News

Finance News

The Politicization Crisis of the Federal Reserve and Its Global Impact

On January 9, 2026, a subpoena from the U.S. Department of Justice thrust Federal Reserve Chair Jerome Powell into the eye of a criminal investigation, centered on cost overruns in the renovation of the Fed’s headquarters and his testimony before Congress.

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The Powell Inquiry: The Federal Reserve's Independence Crisis and Global Financial Chain Reactions

In early 2026, the news that Federal Reserve Chair Powell was under criminal investigation by the US Department of Justice shook the global financial market.

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Is there any hope of resolving the U.S. debt in 2026?

At the beginning of 2026, the U.S. Treasury Department faced the pressure of nearly $1 trillion in maturing Treasury bonds, compounded by approximately $9 trillion in actual annual debt maturities.

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