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Gold futures surged to a record high on Monday as the Trump administration resumed its threats against the Federal Reserve’s independence.

Sens. Thom Tillis of North Carolina and Lisa Murkowski of Alaska quickly answered the question Monday of whether any Republicans would push back on the Justice Department's criminal probe of Fed Chair Jay Powell.

Sens. Thom Tillis of North Carolina and Lisa Murkowski of Alaska quickly answered the question Monday of whether any Republicans would push back on the Justice Department's criminal probe of Fed Chair Jay Powell.

Powell actually wears two hats: He is chair of the Fed’s Board of Governors and chair of the Federal Open Market Committee.

President Donald Trump and White House economic adviser Kevin Hassett said they were unaware of the Department of Justice's investigation.

President Donald Trump has frequently lambasted the Fed chair for not cutting rates more aggressively.

February WTI crude oil (CLG26 ) today is up +0.21 (+0.36%), and February RBOB gasoline (RBG26 ) is up +0.0147 (+0.83%). Crude oil and gasoline prices are moving higher today, with crude posting a 5-week high. Today's dollar weakness is bullish for energy

The Justice Department has threatened the Federal Reserve with a criminal indictment over the testimony of Fed Chair Jerome Powell this summer regarding its building renovations, Powell said over the weekend. It is a major escalation by the administratio

The Justice Department probe of the Federal Reserve will reverberate beyond Wall Street to working Americans and consumers.

The Department of Justice’s threat to criminally indict Federal Reserve Chair Jerome Powell has set up a tense showdown between the White House and the U.S. central bank, with Powell saying the subpoenas that arrived on Friday are intended to force him to

Gold and silver jumped to new highs after Fed Chair Jerome Powell warned that “threats and ongoing pressure” from the Trump administration are jeopardizing the central bank’s independence.

The dollar index (DXY00 ) today is down by -0.32%. Threats to Fed independence are hammering the dollar today after Fed Chair Powell said the Justice Department's threat of criminal charges against the Federal Reserve over his June testimony on Fed headqu

The yellow metal spiked above $4,600 an ounce, while silver surpassed $85 after Fed Chair Jerome Powell said the potential indictment comes amid “threats and ongoing pressure” by the administration to influence interest-rate decisions. Repeated attacks o

The dollar, Treasuries and US equities futures slid after Chair Jerome Powell said the threat of a US criminal indictment was a consequence of a disagreement over monetary policy. While the declines were relatively small, the hot-button issue of the Fed’