As the Trump-Fed Battle Heats Up, Some Experts Worry About What Could Be Next

Key Takeaways President Donald Trump has long complained that interest rates are too high. Experts say his pressure campaign against the Federal Reserve isn't helping him. While Trump and Powell have have a bumpy public relationship, this weekend's affairs—Fed Chair Jerome Powell said the Justice Department had opened a criminal investigation into whether he lied to Congress while testifying last year on the costs of renovating Federal Reserve headquarters—marked an escalation. Powell called the investigati ...