Trump Administration Live Updates: Markets Waver After Prosecutors Open Investigation Into Fed Chair

Where Things Stand
"Fed investigation: Markets were showing some signs of nervousness on Monday in response to the opening of a criminal investigation into Jerome H. Powell, the Federal Reserve chair. Federal prosecutors are examining the central bank’s renovation of its headquarters and whether Mr. Powell lied to Congress about the scope of the project, according to officials briefed on the situation. Mr. Powell warned that the investigation signaled a broader battle over the Fed’s independence.
Iran protests: The Iranian foreign minister said on Monday that Tehran was prepared for war but was also ready to negotiate, after President Trump hinted at possible U.S. military action to stop a deadly crackdown against antigovernment protesters. Read more ›
Minneapolis crackdown: Homeland Security Secretary Kristi Noem told Fox News that hundreds more federal agents were being dispatched to Minneapolis on Sunday and Monday to uncover “true corruption,” citing a yearslong federal investigation into social program fraud in the state. An ICE agent shot and killed a woman, Renee Good, in the city last week"
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