The U.S. attorney’s office in the District of Columbia has opened a criminal investigation into Jerome H. Powell, the Federal Reserve chair, over the central bank’s renovation of its Washington headqu...

"Everyone we ‍know believes in Fed independence," ⁠Dimon said ‍in a call ‌with ‌reporters, adding he has "great respect" ⁠for ⁠Chair ​Jerome Powell.

"The ‌independence of central banks is a cornerstone of price, financial and economic stability in ⁠the interest ⁠of ​the citizens that we serve," they added.