Marketplace Morning Report Fed investigation is politically motivated, Powell says
4 snips
Jan 12, 2026 Nancy Marshall-Genzer, an astute Marketplace reporter, dives into the politically charged DOJ investigation of the Federal Reserve, highlighting Jerome Powell's claims of its roots in the Fed's independence. Meanwhile, Abraham Ravid, finance professor, shares insights on the impact of Warner Bros. consolidation, discussing how it influences movie production and could restrict the diversity of films. They explore the strategic shelving of films for tax benefits and how fewer studios may limit creative risks. A compelling look at finance and film industries!
AI Snips
Chapters
Transcript
Episode notes
Investigation Tied To Fed Independence
- Jerome Powell frames the DOJ subpoenas as politically motivated rather than a routine renovation probe.
- He warns the investigation threatens Fed independence and could redirect monetary policy toward political pressure.
Bipartisan Senate Concern Emerges
- President Trump told NBC he doesn't know anything about the investigation and only wants lower rates.
- Nancy Marshall-Genzer reports senators from both parties reacted with concern and may block Fed nominations.
Studios Shelved Finished Films For Write-Offs
- Abraham Ravid recounts Warner Bros. shelving finished films after the 2022 merger to claim tax write-offs.
- He explains studios sometimes bury titles to avoid marketing costs when they expect little profit.