The DSR Network DSR Daily January 12: DOJ Subpoenas Jerome Powell
Jan 12, 2026
The discussion centers on the DOJ's subpoena of Jerome Powell, raising concerns about Federal Reserve independence. Trump’s threats against GOP senators who supported a war powers resolution highlight party tensions. The hosts analyze the mass protests in Iran and the potential U.S. responses, indicating regional implications. They also touch on the DHS blocking lawmakers from ICE facilities, and the recent ban on Grok in Southeast Asia over deepfake issues. Finally, they explore Elon Musk's impact through Starlink and the necessity for government oversight.
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Legal Pressure On Powell Threatens Fed Independence
- The DOJ subpoena of Jerome Powell risks politicizing the Fed and rattling global markets.
- David Rothkopf warns that replacing Powell could weaken the dollar and undermine U.S. economic stability.
Fed Independence Is A Pillar Of Global Stability
- Undermining the Fed would ripple through currency and global finance beyond domestic politics.
- David Rothkopf connects Fed capture to long-term erosion of America's economic and international leadership.
Trump's Primary Threats May Be Losing Power
- Trump threatened Republican senators who backed a war powers resolution on Venezuela.
- David Rothkopf notes that repeated losses by Republicans could blunt Trump's threat of primaries over time.