Trump will not drop DOJ probe into Fed Chair Powell

President Trump says he will not drop the Justice Department’s investigation into Fed Chair Jerome Powell. Even though two Republican senators say they won’t support the president’s Fed pick unless the criminal investigation into Powell is resolved, the president says there are no plans to back off the probe. He said the U-S Attorney for the District of Columbia will take the investigation “to the end.” Last month, Powell was subpoenaed in relation to his congressional testimony. But he contends the probe amounts to intimidation over interest rate policy.