Trump Denies Role in DoJ's Fed Chair Powell Probe Amid Political Pressure Claims

• Donald Trump denies involvement in the Justice Department's subpoenas related to Federal Reserve Chair Jerome Powell, claiming he was unaware of the investigation.
• Powell states the DoJ's criminal action threat is unprecedented and part of sustained White House pressure, linking it to the Fed's independent interest rate policy.
• Trump criticizes Powell's leadership and high interest rates, rejecting claims that the subpoenas are linked to rate policy.
• Lawmakers, including Senator Thom Tillis and Senator Elizabeth Warren, express concern over the DoJ's actions, citing potential threats to the Fed's independence.
• The White House and DoJ declined specific comments, while the US attorney's office in Washington is handling the matter.

Why It Matters: Trump denies involvement in the DoJ's probe into Fed Chair Powell, who alleges political pressure.