GOP angst grows over Powell investigation  —  A growing number of Republicans on Capitol Hill are expressing unease with the Justice Department's move to investigate Federal Reserve Chair Jerome Powell, a sign that the probe could become a major inflection point over GOP lawmakers' concerns about central bank independence.

Statement from Federal Reserve Chair Jerome H. Powell  —  Good evening.  —  On Friday, the Department of Justice served the Federal Reserve with grand jury subpoenas, threatening a criminal indictment related to my testimony before the Senate Banking Committee last June.

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.

Statement on the Federal Reserve  —  The Federal Reserve's independence and the public's perception of that independence are critical for economic performance, including achieving the goals Congress has set for the Federal Reserve of stable prices, maximum employment, and moderate long-term interest rates.

Fed Changes Course and Takes On Trump's Political Fight  —  The Justice Department's decision to open up a criminal investigation of Jerome H. Powell, the chair of the Federal Reserve, is a major escalation in the pressure campaign against the central bank to cut interest rates.