Scott Horsley

President Trump has been critical of cost overruns at the Federal Reserve's headquarters renovation. But Fed chairman Jerome Powell says a Justice Department probe of the project is really aimed at influencing the central bank's decisions on interest rate... See more

Federal Reserve Chairman Jerome Powell has studiously tried to avoid adding gasoline to the fire as the Trump administration has waged a long-running pressure campaign to bend the central bank to the president's will. By Sunday evening, Powell had evident... See more

Federal Reserve chair Jerome Powell usually tries to avoid getting dragged into a fight with the Trump administration. But now that the DOJ has launched a probe of the central bank, he's on offense. Sponsor Message JUANA SUMMERS, HOST: For years, Federal ... See more

President Trump and Federal Reserve Chairman Jerome Powell toured the central bank's headquarters last summer. Trump has complained about cost overruns on the central bank's renovation project, while also pressing the Fed to cut interest rates more aggres... See more

The Justice Department has subpoenaed the Federal Reserve for information on the central bank's headquarters renovation, according to a video statement released by Fed Chairman Jerome Powell on Sunday. It's the latest escalation in the administration's pr... See more