Former Fed Chairs Speak out Against DOJ Probe of Jerome Powell

President Donald Trump is facing growing backlash from fellow Republicans over the Department of Justice’s criminal investigation targeting Federal Reserve Chair Jerome Powell. In a joint statement, every living former Fed chair, several treasury secretaries and other top economic officials issued a rebuke of the Trump administration and warn the inquiry threatens the Fed’s independence and the U.S. economy. NBC’s Garrett Haake reports for TODAY.