Treasury Secretary Bessent not happy about investigation into Powell, conveyed concerns to Trump: Sources [View all]
Source: ABC News
January 13, 2026, 12:19 PM
Treasury Secretary Scott Bessent is not happy with the Justice Department's criminal investigation into Federal Reserve Chairman Jerome Powell, multiple sources told ABC News, warning it creates an unnecessary distraction.
Bessent conveyed those concerns directly to President Donald Trump in a call on Sunday, sources said.
Sources added Bessent was not advocating for Powell or questioning the investigation when he spoke to the president, but he did make clear his concerns.
Axios was the first to report the call. The White House has not responded to a request for comment. When ABC News reached out for comment about the Axios report, a Treasury Department spokesperson said, "There is zero daylight between Secretary Bessent and President Trump, and the 'sources' in this story do not speak for the Secretary."
Read more: https://abcnews.go.com/Politics/treasury-secretary-bessent-happy-investigation-powell-conveyed-concerns/story?id=129161482
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