Powell called the probe "unprecedented" and came after his refusal to lower interest rates after demands by Donald Trump.

The move represents a major escalation in President Donald Trump's battle with the Fed.

President Donald Trump has criticized Federal Reserve chief Jerome Powell for not cutting interest rates as much and as quickly as the president wants.

L'ufficio del procuratore distrettuale del distretto di Columbia ha avviato un'indagine penale nei confronti di Jerome Powell, presidente della Federal Reserve, in merito alla…

L'ufficio del procuratore distrettuale del distretto di Columbia ha avviato un'indagine penale nei confronti di Jerome Powell, presidente della Federal Reserve, in merito alla…

L’indagine riguarda la ristrutturazione della sede centrale della banca centrale Usa a Washington

Central bank chair condemns 'intimidation' following grand jury subpoenas.

Fed chair hits back, accusing DoJ of threatening criminal charges because central bank defied Trump’s demands

Powell called the probe "unprecedented" and came after his refusal to lower interest rates after demands by Donald Trump.

El ministerio público indaga si Jerome Powell mintió durante su declaración en el Senado para detallar la reforma de la sede de la Fed en Washington

Federal Reserve Chairman Jerome Powell announced Sunday that the Department of Justice has threatened him with criminal charges.

He said in a statement Sunday that the Justice Department served the Fed with grand jury subpoenas, threatening a criminal indictment.

"If there were any remaining doubt whether advisers within the Trump Administration are actively pushing to end the independence of the Federal Reserve, there should now be none."

Powell said the investigation rests on “pretexts,” arguing it's retaliation for the Fed’s refusal to follow the Trump's preferences on interest rates.

Seit Monaten muss sich US-Notenbankchef Powell massive Kritik von US-Präsident Trump gefallen lassen. Nun geht die Justiz gegen den Chef der unabhängigen Zentralbank vor.

Rolling coverage of the latest economic and financial news

Jerome Powell has said that the US Federal Reserve is being threatened with criminal indictment by the Trump administration. In a video announcement, the Fed Chair said that the…

Nel mirino la ristrutturazione della sede a Washington. Il presidente della Fed: ' 'Rientra nelle minacce-pressioni esercitate dall'amministrazione' (ANSA)

Previous Federal Reserve chairs, Treasury secretaries and prominent economists came together Monday to support Jerome Powell.

Powell actually wears two hats: He is chair of the Fed’s Board of Governors and chair of the Federal Open Market Committee.

Three former heads of the central bank say the probe seeks to undermine the Fed's independence and "has no place" in the US.