Top Senate Republican says Federal Reserve’s Jay Powell has not ‘committed a crime’
Banking committee chair Tim Scott pushes back against probe into US central bank chief
Banking committee chair Tim Scott pushes back against probe into US central bank chief

Backlash builds as Trump administration’s prosecutors target head of US central bank

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

Federal Reserve chair says the probe relating to a $2.5bn renovation of HQ is a ‘pretext’ to rein in central bank’s independence

Breakthrough removes potential hurdle to Kevin Warsh’s confirmation as next US central bank chief

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

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