President Donald Trump denied that he was involved in the Justice Department's decision to subpoena the Federal Reserve. Chair Jerome Powell said the Federal Reserve was being targeted for making decisions that “serve the public" rather than the president’s “preferences.

Powell announced on Sunday the DOJ is probing the Federal Reserve, raising concerns about the nature of the investigation.

Jerome Powell says the criminal investigation centers on a June Senate hearing, where he got into a heated exchange over the Fed's renovation plans.

Jerome Powell isn’t known for his expressiveness. The chair of the Federal Reserve has kept quiet over the past year as President Trump has repeatedly attacked him—often with crude language (think moron,

Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony this summer about t