Top Republicans denounce justice department’s criminal probe into Fed chair Jay Powell
Backlash builds as Trump administration’s prosecutors target head of US central bank
Backlash builds as Trump administration’s prosecutors target head of US central bank

Joint statement accuses Trump administration of behaving as if US is an emerging market ‘with weak institutions’

Central bank chair could stay on board beyond this year in effort to protect central bank’s independence

Chair says probe follows central bank’s refusal to bow to White House push for much lower interest rates

US president insists Justice Department will not drop criminal probe into central bank chair

Banking committee chair Tim Scott pushes back against probe into US central bank chief

President’s remarks come after judge called the investigation an attempt to coerce Fed chair to lower interest rates