3AM ET 01/12/2026 Newscast
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What investigation is the Federal Reserve Chair currently facing?
The Federal Reserve Chair under investigation. I'm Ted Lindner, Fox News. The U.S. Attorney's Office for D.C. opening up a criminal investigation into Federal Reserve Chair Jerome Powell. He says they're looking into whether he was being honest about renovations on Fed headquarters in Washington. Fox's Jill Nadeau with the details.
President Trump has often demanded Fed Chair Jerome Powell lower interest rates, saying it'll pump up the U.S. economy. But Powell didn't do it right away due to concerns it could spur inflation. All this happened as the Fed headquarters were getting renovated. Powell testified to Congress about that, and now the DOJ is looking into whether he was forthcoming in that testimony. Powell put out a video saying the investigation's really being done because he angered the president.
Public service sometimes requires standing firm in the face of threats. I will continue to do the job the Senate confirmed me to do with integrity and a commitment to serving the American people.
The Fed has recently cut interest rates by a small amount. In Washington, Jill Nadeau, Fox News.
The 83rd Annual Golden Globes Award Ceremony. Celebrating achievements within film and TV, Fox's Michelle Polino recaps it for us.
And the winner is One Battle After Another. Paul Thomas Anderson's One Battle After Another about the deep political battles in America took home four awards, including Best Picture, Musical, or Comedy. Hamnet won two, including Best Picture, Drama. At the 83rd Annual Golden Globes, while Timothee Chalamet grabbed the Best Actor trophy from Marty Supreme, acknowledging his previous losses.
I'd be lying if I didn't say those moments didn't make this moment that much sweeter. For my parents, for my partner, I love you. Thank you so much.
Golden Globes clips provided by Golden Globes LLC and Dick Clark Productions LLC. On the TV side, adolescents took home four Globes for limited series, The Pit and The Studio 2. Michelle Foligno, Fox. America's listening to Fox News.
This is Ainsley Earhart. Thank you for joining me for the 52 episode podcast series, The Life of Jesus. A listening experience that will provide hope, comfort, and understanding of the greatest story ever told. Listen and follow now at foxnewspodcasts.com or wherever you listen to podcasts.
A team will brief President Trump Tuesday on his options for intervening on behalf of protesters in Iran. The Wall Street Journal reports those options include taking military action.
We've heard now from the Iranian regime saying they are threatening counterattacks should the Trump administration decide to launch strikes inside Iran. As military options go, none appear immediate. There are no aircraft carrier strike groups in the region. Ford remains in the Caribbean, George Washington and Lincoln in the Western Pacific. One of those carriers is likely to be dispatched to the Middle East in the coming days. Might take a week to get there, though. There are strike aircraft in the region.
Fox's Lucas Tomlinson activists say the number of people killed in the Iranian crackdown over two weeks of protests has soared to at least 538 people. Many more fear dead. In Minneapolis Sunday... People upset over the fatal shooting of Rene Good by an ICE agent in Minneapolis, flooding the streets of many cities around the country. Fox's Garrett Tenney.
Activists were handing out flyers encouraging people to sign up and take part in anti-ICE activities, which federal officials say are ramping up across the country and making it more dangerous to enforce the law. Agents had a large crowd gathering around them as they were carrying out an immigration enforcement operation. and then drove away.
Fox's Garrett Tenney. And a South Carolina police officer shot and wounded while sitting in his patrol car Sunday in what one official called an ambush-style attack. Local sheriff's deputies later on shot and killed a suspect in a shootout. That, according to authorities, the Greenville police officer was repeatedly shot early on Sunday.
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