FED CHAIR POWELL SAYS HE’S UNDER CRIMINAL INVESTIGATION, WON’T BOW TO TRUMP INTIMIDATION Federal prosecutors are conducting a criminal investigation of Federal Reserve Chairman Jerome Powell focused on the $2.5 billion renovation to the central bank’s headquarters in Washington, D.C., and his related testimony to Congress, he said on Sunday evening. Powell said the probe is the result of longstanding frustration by President Donald Trump over the Fed’s refusal to cut interest rates as quickly and as much as the president has demanded. #Fed# #JeromePowell#