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Bloomberg News Now

Powell: DOJ Served Fed With Subpoenas, Iran Protests, More

12 Jan 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What is the main topic discussed in this episode?

0.571 - 1.834 Stephen Carroll

Hi, I'm Stephen Carroll.

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2.135 - 9.09 Caroline Hepka

And I'm Caroline Hepka, here to introduce you to a podcast that brings you the news you need to start your day in just 15 minutes.

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9.431 - 19.474 Stephen Carroll

It's called Bloomberg Daybreak Europe Edition, covering all the top stories across Europe and around the world. Each weekday morning, we're up early to bring you the latest news by 7am.

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19.454 - 27.447 Caroline Hepka

We've got everything you need to know from geopolitics and global events to economics and what's moving markets. I'm covering it all from London.

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27.787 - 35.46 Stephen Carroll

And I'm in the EU's capital, Brussels. We have 3,000 journalists and analysts around the world to tell you what's happening, what it means and why it matters.

35.92 - 45.175 Caroline Hepka

It's more than just business headlines. From the price of your breakfast to global shifts in power, economics and money aren't just part of the story, they're often the driving force.

45.155 - 51.229 Stephen Carroll

So start your day with us on Bloomberg Daybreak Europe Edition for the news you need to know and the context to make sense of it.

51.57 - 59.147 Caroline Hepka

Find new episodes of Bloomberg Daybreak Europe Edition by 7am London time on Apple, Spotify or wherever you get your podcasts.

61.912 - 83.435 Doug Krisner

News when you want it with Bloomberg News Now. I'm Doug Krisner. Federal prosecutors have opened a criminal investigation into Fed Chair Jay Powell over the Fed's renovation of its Washington, D.C. headquarters. The New York Times reported a key issue is whether Powell lied to Congress about the scope of the project. Now, the report prompted Powell to issue a video statement.

Chapter 2: What are the latest developments in the DOJ's investigation into Fed Chair Jay Powell?

335.13 - 346.984 Doug Krisner

President Trump has been focusing on real estate as he looks at ways to address Americans' cost of living concerns. And he's getting his cabinet involved, as we hear from Bloomberg's Nathan Hager in Washington.

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347.386 - 357.902 Nathan Hager

Bloomberg News has learned Commerce Secretary Howard Ludnick met with home building executives in recent weeks, sounding them out on how to make homes more affordable, including the kinds of incentives they'd want to build more homes.

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358.243 - 375.79 Nathan Hager

This week, President Trump moved to ban institutional investors from buying single-family homes, and he directed Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds. The White House says it's part of an overall housing plan the president will announce at Davos later this month. In Washington, I'm Nathan Hager, Bloomberg Radio.

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375.77 - 396.09 Doug Krisner

In sports, the NFL playoffs are underway, and in the NFC wildcard round, the San Francisco 49ers defeated the Philadelphia Eagles 23-19. The 49ers now move on to the divisional round next week. And that is News When You Want It. With Bloomberg News Now, I'm Doug Krisner, and this is Bloomberg.

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400.829 - 410.6 Unknown

Bloomberg Invest returns to New York on March 3rd and 4th, where the sharpest voices across banking, asset management, and private capital will discuss the forces reshaping finance.

410.92 - 429.52 Unknown

Powered by Bloomberg's Global Newsroom and data from the Bloomberg Terminal, this flagship summit will cover everything from AI-driven disruption and central bank policy shifts to the emerging risks and opportunities in private credit. Join the conversation and register today at BloombergLive.com slash invest.

430.63 - 440.856 Chris Wright

Want to know how Russian pranksters tricked a top government official? Or how the only copy of a Wu-Tang Clan album got auctioned for millions of dollars by the Department of Justice? The answers are out there.

441.116 - 445.567 Stephen Carroll

The trick is getting the government to share them. I'm investigative journalist Jason Leopold.

445.587 - 458.631 Nathan Hager

I spend most of my days getting documents from the government. I'm attorney Matt Tabak, and I fight them in court to open their files when they don't want to. From Bloomberg and No Smiling, this is Disclosure, a podcast about prying loose government secrets.

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