Justice Department probes Fed Chair Jerome Powell as tensions with President Trump over interest rates continue.
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When Federal Reserve Board Chair Jerome Powell said on January 11 that he is being criminally investigated by the federal government, President Donald Trump told NBC News, “I don’t know anything about it.”
Trump could have been in the dark about the specifics of the Department of Justice investigation – approved in November by United States Attorney for the District of Columbia Jeanine Pirro, The New York Times reported – but he has been clear about his desire to oust Powell.
