January 12, 2026
Balance of Power: Powell Probe Sparks GOP Backlash
President Donald Trump faced rare opposition from key Republican lawmakers after Federal Reserve Chair Jerome Powell accused the Department of Justice of launching a grand jury investigation to pressure and intimidate the central bank. CNAS adjunct senior fellow joins Bloomberg's Balance of Power podcast to discuss these developments.
Listen to the full interview on Bloomberg.
More from CNAS
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Defense / Middle East Security
Will Trump Win Iran War With a "Gucci" Strategy?As the Iran war stretches into its fourth week, U.S. President Donald Trump's approach to a war without physical ground entanglements may prove to be impossible. Bloomberg Eco...
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The U.S. Wants War Without Entanglement. It May Not Exist.
This approach to warfare appears to rest on three pillars: speed, unilateral action and limited violence imposed from a distance....
By Becca Wasser
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Escalation Spiral? Fears of a 'Forever War' as Both Sides Dig In
Becca Wasser, adjunct senior fellow at the Center for a New American Security joins CNN to discuss tactical success versus strategic success in the war in Iran and Iran's capa...
By Becca Wasser
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The Ties That Bind
Introduction U.S. policymakers have made the revitalization of the U.S. defense industrial base (DIB) a top national security priority and are directing considerable resources...
By Cara Abercrombie