Andrew Ross Sorkin Explains the DOJ Criminal Investigation of the Fed Chair | Amanpour and Company

On January 9th the U.S. Department of Justice launched a rare criminal investigation into Federal Reserve Chair Jerome Powell, issuing grand-jury subpoenas that threaten potential charges tied to his congressional testimony last June about the Fed's $2.5 billion renovation. On Capitol Hill, the move has sparked outrage on both sides of the aisle. Powell has rebuked the move, saying it is politically motivated. As President Trump doubles down on his demand that Powell lower interest rates, the independence of the Fed is being tested against the President's executive power. Andrew Ross Sorkin is a columnist for The New York Times and the author of "1929." He joins Walter Isaacson from New York to break down the political and economic implications of this investigation.

Originally aired on January 15, 2025

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Amanpour and Company features wide-ranging, in-depth conversations with global thought leaders and cultural influencers on the issues and trends impacting the world each day, from politics, business and technology to arts, science and sports. Christiane Amanpour leads the conversation on global and domestic news from London with contributions by prominent journalists Walter Isaacson, Michel Martin, and Hari Sreenivasan from the Tisch WNET Studios at Lincoln Center in New York City.

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