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 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.

Republican lawmakers speak out against the Justice Department's Federal Reserve investigation  —  Sen. Lisa Murkowski said that the investigation is “nothing more than an attempt at coercion” while Rep. French Hill warned that the probe would create “an unnecessary distraction.”

Federal Prosecutors Open Investigation Into Fed Chair Powell  —  The investigation, which is said to center on renovations of the Federal Reserve's headquarters in Washington, signals an escalation in the long-running clash between President Trump and the chair.

Take the Masks Off  —  For his entire second term, Donald Trump has been grousing about Fed Chair Jerome Powell's resistance to cutting interest rates, but he has always stopped short of actually trying to run Powell out of office—until now.  On Sunday, the Federal Reserve released a direct-to-camera video from Powell.

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.

Why the Federal Reserve has historically been independent of the White House  —  The Justice Department has threatened the Federal Reserve with a criminal indictment over the testimony of Fed Chair Jerome Powell this summer regarding its building renovations, Powell said over the weekend.

Fed up  —  Good Monday morning.  This is Jack Blanchard.  Get in touch.  —  LOOK WHO'S BACK: Elon Musk takes another step toward full rehabilitation within the Trump administration today, appearing in public alongside Defense Secretary Pete Hegseth in Texas.

Trump appalls with attack on Civil Rights Act: ‘White people very badly treated’  —  Critics pounced on President Donald Trump Monday after he complained to the New York Times that the Civil Rights Act - the landmark 1964 legislation that outlawed racial discrimination - was “unfair in certain cases” …