Jerome Powell, head of the U.S. Federal Reserve, said on Sunday the Justice Department has opened a criminal investigation against him for allegedly misleading Congress about a building renovation project at the central bank’s headquarters.

The $2.5 billion renovation at the center of the DOJ's criminal investigation of the Federal Reserve The historic renovation is more complex — and longer in the making — than the fight over how much it cost.

A historic level of division at America's foremost financial institution can undermine the stability of Wall Street.

The Federal Reserve chair said the central bank has been threatened with a criminal indictment over his testimony about building renovations.

The Federal Reserve will meet later this month to make a decision on interest rates. But the latest inflation report is likely to make the central bank cautious about additional rate cuts.

The Federal Reserve affects you in more ways than you might think. From interest rates to the employment rate, here are all the ways the Fed affects daily life.

Powell broke the news of a criminal probe Sunday night minutes before a New York Times report on the investigation was published. He posted a video to the Federal Reserve website and on social media accusing Trump of retribution.

Federal Reserve officials send united message on January interest-rate cut after latest inflation, jobs reports