The 47 Morning Update with Ben FergusonThe 47 Morning Update with Ben Ferguson

DOJ Launches Criminal Probe into Fed Chair plus Paid Pro Agitators Target ICE Nationwide

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1. Criminal Probe Into Federal Reserve Chair Jerome Powell

  • The document’s primary focus is on President Trump’s administration opening a criminal investigation into Federal Reserve Chair Jerome Powell.
  • The probe involves grand jury subpoenas related to Powell’s testimony before Congress about renovations to the Federal Reserve’s headquarters in Washington, D.C.
  • Powell publicly addressed the issue in an unusual prerecorded video, emphasizing that:
    • He respects the rule of law.
    • He believes the investigation is politically motivated rather than based on wrongdoing.
    • He views the investigation as retaliation for the Fed’s interest rate decisions, which he says were made based on economic evidence rather than presidential pressure.

     Concerns About Federal Reserve Independence

  • Powell frames the investigation as a threat to the independence of U.S. monetary policy.
  • He argues the action raises a fundamental question:
    • Whether interest rates will continue to be set by economic data and expertise
    • Or be influenced by political intimidation and pressure
  • The media narrative highlighted in the transcript emphasizes historic and unprecedented pressure on the Federal Reserve from the executive branch.

2. ICE Protests and Domestic Unrest

  • President Trump says:
    • Protesters are “professional agitators”
    • They may be financially backed by left‑wing groups
  • Federal officials, including DHS leadership, describe:
    • Protest activity as approaching or constituting domestic terrorism
    • The use of vehicles as weapons against law enforcement

    Federal Escalation

  • DHS is reportedly deploying up to 1,000 additional federal agents to Minnesota.
  • Federal authorities state they will not retreat, regardless of local political opposition.
  • There is a clear standoff between federal enforcement and local leadership, with immigration enforcement at the center.

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The 47 Morning Update with Ben Ferguson

Hosted by popular national radio host, podcaster and political commentator Ben Ferguson, The 47 Morn 
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