Trump team ramps up attack on Fed's Powell with criminal indictment threat

Core Viewpoint - The Trump administration is intensifying its pressure on the Federal Reserve, particularly targeting Chair Jerome Powell regarding his comments on a renovation project, which Powell describes as a "pretext" for exerting influence over interest rates that Trump desires to be significantly lowered [1] Group 1 - The Trump administration has threatened to indict Jerome Powell over his congressional remarks [1] - Powell's comments on the renovation project are viewed as a means to gain more control over interest rate decisions [1] - The administration's actions indicate a push for dramatic cuts in interest rates [1]