"If the Federal Reserve loses its independence, the stability of our markets and the broader economy will suffer," warned Sen. Lisa Murkowski (R-Alaska).

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

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.

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."

Trump will face an important obstacle — from within his own party — as he seeks to replace Federal Reserve Chair Jerome Powell.

Thom Tillis says he would oppose any nominee, including upcoming chair vacancy, ‘until legal matter is fully resolved’

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…

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

President Donald Trump has frequently lambasted the Fed chair for not cutting rates more aggressively.

"If the Federal Reserve loses its independence, the stability of our markets and the broader economy will suffer," warned Sen. Lisa Murkowski (R-Alaska).

Powell publicly denounced the inquiry as punishment for not bowing to the president’s wishes on interest rates

Former fed chairs called the indictment an 'unprecedented attempt' to undermine the independence of the US central bank.

Federal Reserve Chair Jerome Powell said he was under investigation on Sunday night, the latest episode in President Donald Trump's feud with him.

Former Fed Chair and Treasury Secretary Janet Yellen said she was "surprised the market isn't more concerned."

Justice Department probes Fed Chair Jerome Powell as tensions with President Trump over interest rates continue.

“I think this is ham-handed, counter-productive, and going to set back the president’s cause,” said Jason Furman, an economist at Harvard.

Even Trump’s own Treasury Secretary, Scott Bessent, challenged Trump on his “revenge probe” of Powell.

President Donald Trump on Tuesday slammed Federal Reserve Chair Jerome Powell as either “incompetent” or “crooked,” even as his Department of Justice faces growing opposition over…