Criminal Probe Into Fed Chair Powell, Homan's Warning on ICE, MN Fraud Admissions: AM Update 1/12

Federal Reserve Chairman Jerome Powell confirms he is under criminal investigation by the Justice Department over whether he misled Congress about ballooning costs tied to the Fed’s $2.5-billion headquarters renovation. Tensions explode in Minneapolis after an ICE agent fatally shoots a woman driving toward him, as state and local Democrats publicly condemn the officer and Border Czar Tom Homan warns that reckless rhetoric is putting law enforcement lives at risk. Minneapolis Mayor Jacob Frey concedes there is a massive fraud problem in the city as federal authorities step in to dismantle a sprawling benefits-fraud network. President Trump weighs a range of possible military actions, from Iran to Greenland. The college football playoff championship is set, with undefeated Indiana facing Miami, behind breakout Heisman-winning quarterback Fernando Mendoza, whose faith-driven, stoic philosophy has made him one of the season’s most compelling stars.

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