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Trump's intimidation of Fed threatens stability, Yellen says

Season 2026 Episode 12 | 7m 03s

As Federal Reserve Chair Jerome Powell pushes back against a criminal probe from the Trump Justice Department, Amna Nawaz discusses the developments with Janet Yellen. She served as chair of the Federal Reserve Board from 2014 to 2018 and was Treasury Secretary during the Biden administration.

Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by Consumer Cellular and Cunard Cruise Line. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
Extras
January 12, 2026 - PBS News Hour full episode
Tamara Keith and Amy Walter on pushback to Trump's threats to Federal Reserve
Literary Arts Fund created to rekindle a love for reading
Iran protests escalate as regime crackdown leaves more than 500 dead
Trump administration's posts echo rhetoric linked to extremist groups
Ex-prosecutor on DOJ’s Powell probe and Trump’s targeting of opponents
News Wrap: Minnesota sues feds to stop immigration enforcement surge
Powell pushes back as Trump’s DOJ launches unprecedented investigation into Fed
News Wrap: Iran threatens retaliation if U.S. intervenes in protest crackdown
Investigation raises concerns about lack of FDA quality testing for generic drugs