Trump wants interest rates slashed and more control over the Fed, but first he'll have to get Fed Chair Jerome Powell out of the way

The Justice Department’s probe into whether Jerome H. Powell, the chair of the Federal Reserve, lied about renovations to the central bank’s headquarters has raised alarms.

U.S. prosecutors have opened a criminal investigation into Fed Chair Jerome Powell, focusing on his congressional testimony over Fed building renovations.

U.S. prosecutors have opened a criminal investigation into Fed Chair Jerome Powell, focusing on his congressional testimony over Fed building renovations.

Ex-Fed chiefs Ben Bernanke, Alan Greenspan and Janet Yellen joined other economic leaders in slamming the probe. Read more at straitstimes.com. Read more at straitstimes.com.

Powell said the inquiry relates to testimony he gave to a Senate committee about renovations to Federal Reserve buildings.

Criticism has been pouring in from Republican and Democratic lawmakers, former Fed chairs and top officials after the US Justice Department launched a criminal investigation against Federal Reserve chairman…

The Federal Reserve’s renovation of its DC headquarters is obscene, but Team Trump’s moves toward building a criminal case against Fed chief Jerome Powell are a gift to the president’s critics.

The Trump administration’s criminal investigation of Federal Reserve Chair Jerome Powell appeared on Monday to be emboldening defenders of the U.S. central bank that President Donald Trump wa...

"It gets worse by the day."

The DOJ has taken aim at Fed chairman Jerome Powell, handing the high court a case-in-point for preserving Fed independence from politically motivated threats.

And the market is gently shrugging.