The Exchange
The Exchange
CNBC
DOJ’s Powell Probe, Not Nvidia, and Credit Card Cap 1/12/26
43 minutes Posted Jan 12, 2026 at 7:47 pm.
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Show notes
Former Fed Governor Larry Lindsey says there are no heroes in the Justice Department’s investigation into Fed Chair Powell, while Brooking’s David Wessel warns the probe could ultimately spur more inflation. A portfolio manager who outperformed the S&P last year makes the case for chip stocks not named Nvidia. Plus, both traditional banks and fintech names are under pressure after President Trump proposed capping credit card fees.