Thom Tillis (R-N.C.) said he would use his vote on the Banking Committee to oppose any Trump nominees to the central bank until “this legal matter is fully resolved.” “The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public,

President Donald Trump faced rare opposition from key Republican lawmakers after Federal Reserve Chair Jerome Powell accused the Department of Justice of launching a grand jury investigation to pressure and intimidate the central bank.

President Donald Trump wants to juice the economy with dramatically lower interest rates, to take credit for a booming stock market and, perhaps most of all, for his handpicked Fed chair to get off the stage.

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.

The Justice Department’s investigation into Federal Reserve Chair Jerome Powell has the White House in damage-control mode.

The Department of Justice’s threat to criminally indict Federal Reserve Chair Jerome Powell has set up a tense showdown between the White House and the U.S. central bank, with Powell saying the subpoenas that arrived on Friday are intended to force him to follow President Donald Trump’s orders.

Powell's rare video response allowed him to take control of the narrative — and shows he's willing to make a stand on certain issues.