Scoop: Bessent told Trump that investigation of Fed chair creates a “mess”  —  A perturbed Treasury Secretary Scott Bessent told President Trump late Sunday that the federal investigation into the Federal Reserve chair “made a mess” and could be bad for financial markets, two sources familiar with the call told Axios.

Trump may have damaged the case against Jerome Powell before it's even begun … Trump has long attacked Powell over his monetary policy, but more recently he has focused on Powell's management of the Fed itself, even suggesting Powell could be investigated or sued for his role overseeing a building renovation beset by cost overruns.

Trump is Venezuelifying the United States  —  So federal prosecutors have opened a criminal investigation into Jerome Powell, the Federal Reserve chair.  In his statement in response, Powell, to his credit, didn't dignify the obviously spurious accusations by protesting his innocence.