Fed Chair Jerome Powell Says He's Being Investigated By DOJ

Published 17 hours ago
Source: feeds.nbcnews.com
Fed Chair Jerome Powell Says He's Being Investigated By DOJ
Federal Reserve Chairman Jerome Powell says he is under investigation and the threat of criminal indictment by the Justice Department amid a yearlong pressure campaign by President Donald Trump to force the Central Bank to lower interest rates. In a phone interview with NBC News, the president denied having any knowledge of an investigation or that he would use one to pressure Powell. NBC’s Garrett Haake reports for TODAY.