Add Yahoo as a preferred source to see more of our stories on Google. Jerome Powell says the DOJ criminal investigation into him centers on his Senate testimony. At a June hearing, he got into a heated exchange with Sen. Tim Scott about Fed building ...

The letter provided expansive detail about the Fed building's history, repairs, and budget. Federal Reserve Chair Jerome Powell sent a letter dated July 14, 2025, to key senators on the Banking, Housing, and Urban Affairs Committee, following his testimony ...

Senator Tillis opposes any Fed nominee, including Warsh, until a DOJ investigation into Chairman Powell is resolved, citing the need to protect Fed's autonomy.

The Justice Department was forced to use the “legal process” to obtain information related to Federal Reserve Chairman Jerome Powell’s congressional testimony about renovations at the central bank after he “ignored” requests from prosecutors, US ...

Senate Banking Committee Chair Tim Scott indicated Wednesday that he expects the Department of Justice will resolve its criminal probe of current Federal Reserve chief Jerome Powell, clearing a path for the panel to advance President Donald Trump’s nominee for the top Fed job,