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
-
Experts Make Their Picks for Acquisition Reform Litmus Tests
If the department cannot pass these easy tests, there is little reason to believe it will do well on the harder ones....
By Stacie Pettyjohn
-
Trump Rues State of Iran Talks, Says Prefer Not to Strike
President Donald Trump expressed displeasure with the current state of negotiations with Iran but stopped short of threatening fresh military action in the nine-week conflict ...
By Becca Wasser
-
Leveraging the Defense Innovation Ecosystem for Maximum Effect
Introduction At a moment when the resilience of the wartime acquisition system is a national priority, start-ups, primes, investors, and the U.S. government must align to turn...
By Aaron Peterman & Sohaila Mali
-
Markets React as Trump Orders Military Action in Hormuz
President Trump orders the U.S. military to target any boat laying mines in the Strait of Hormuz, escalating tensions with Iran and sending oil prices sharply higher. Bloomber...
By Becca Wasser