Fed, Criminal Investigation
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3hon MSN
Trump administration’s criminal probe of Fed Chair Powell sparks rare GOP revolt on Capitol Hill
Criminal probe of Fed Chair Powell over building costs triggers GOP revolt, with key senators threatening to derail Trump's central bank appointments.
President Donald Trump presents Federal Reserve Chair Jerome Powell with what Trump called a list of cost overruns for the Federal Reserve’s $2.5 billion headquarters renovation project in Washington,
The subpoenas threatened a criminal indictment related to Jerome Powell's testimony before the Senate Banking Committee in June 2025, according to the Fed chair.