Fed Chair Powell says he’s under criminal investigation, won’t bow to Trump intimidation

Fed Chair Powell says he’s under criminal investigation, won’t bow to Trump intimidation

US Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, on Dec. 10, 2025. Saul Loeb | AFP | Getty Images Federal prosecutors have opened a criminal investigation of Federal Reserve Chairman Jerome Powell related to the $2.5 billion renovation to the … Read more