President Donald Trump will address the Detroit Economic Club as his justice department investigates Federal Reserve chair Jerome Powell.

Kaitlan Collins expressed astonishment at Jerome Powell's "explosive" response to the threat of criminal charges by President Donald Trump’s Justice Department.

US President Donald Trump welcomed December inflation figures released on Tuesday, saying they supported his push for Federal Reserve chair Jerome Powell to cut interest rates.

U.S. Federal Reserve Chair Jerome Powell “has served with integrity, focused on his mandate and an unwavering commitment to the public interest,” read the statement signed by nine national central bank heads.

The Justice Department's investigation of the Federal Reserve came after months of remarks by Trump that he believed Powell should face legal action or resign.

Peter Conti-Brown, a University of Pennsylvania professor of financial regulation, told PolitiFact in July that Powell could argue that leveraging the renovation budget is a "pretext" for his firing — a legal term used to describe a false reason an employer gives for firing an employee in order to cover the real reason.

The DOJ subpoenaed the Fed Reserve concerning allegations that Powell lied regarding the scope of expensive Fed reservations.

President Donald Trump denied that he was involved in the Justice Department's decision to subpoena the Federal Reserve. Chair Jerome Powell said the Federal Reserve was being targeted for making decisions that “serve the public" rather than the president’s “preferences.

F or nearly a year, Donald Trump has assailed the Federal Reserve with unjustified criticism and legal threats. Until this weekend, Jerome Powell, the Fed chair, maintained a studied public silence. Now, warfare between America’s central bank and the White House has broken out into the open.

Federal Reserve chair could stay on board beyond this year in effort to protect US central bank’s independence