The MeidasTouch Podcast Trump Has Catastrophic Day as GOP Senators Turn Against Him
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Jan 12, 2026 Donald Trump faces a rough day as even Republican senators push for investigations into his controversial actions against Federal Reserve Chairman Jerome Powell. Bipartisan leaders are rallying to defend Powell's independence amid rising tensions. Meanwhile, MAGA Republicans express their displeasure and call for arrests over separate issues involving ICE. The podcast highlights escalating political drama and competing narratives among Trump's allies, revealing fractures within the GOP. It's a whirlwind of political intrigue and unexpected alliances!
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Bipartisan Alarm Over Fed Independence
- Ben Meiselas highlights bipartisan defense of Fed independence after the DOJ probe into Jerome Powell.
- Federal leaders warn prosecutorial attacks on the Fed risk destabilizing markets and inflation expectations.
Use Senate Holds To Force Review
- Senator Tom Tillis and Lisa Murkowski push procedural holds to force resolution before Fed confirmations.
- They recommend blocking any Fed nominees until the DOJ inquiry and credibility questions are resolved.
GOP Frames Powell Probe As Trolling
- Some MAGA Republicans treat Trump's call for a Powell probe as trolling rather than a serious legal claim.
- That framing undercuts the administration's effort and highlights GOP discomfort with weaponizing investigations.