Trump’s DOJ launches criminal investigation of Fed chair Powell (AXIOS)

Federal prosecutors are investigating Federal Reserve chair Jerome Powell over the central bank’s multi-billion-dollar project to renovate its headquarters, according to a report late on Sunday that the Fed confirmed. The big picture: This amounts to an extraordinary escalation of President Trump’s campaign against Powell, whom Trump has assailed over interest rate policy. Powell’s term as Fed chair ends in about four months.

Fed chair Powell faces Trump DOJ criminal investigation over HQ renovations

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