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Live from NPR News in Washington, I'm Corva Coleman.
Federal Reserve Board Chair Jerome Powell says the Justice Department sent the nation's central bank a subpoena last Friday.
It's over the Fed's building renovations of its offices in Washington.
Powell said last night the Justice Department also threatened a criminal indictment.
He released a video statement saying these are all pretext to force the Fed to cave to President Trump's views on interest rates.
The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public rather than following the preferences of the President.
This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions or whether instead monetary policy will be directed by political pressure or intimidation.
Powell says he will continue to do his job.
President Trump says Iran is asked for a meeting with officials from his administration.
This comes as anti-government protests grow in Iran and PR's Deepa Shivaram has more.
Traveling on Air Force One back to Washington,
Trump said Iranian leaders called Saturday to negotiate and said a meeting would be set up,
though he didn't specify when that would take place.
Trump added that the U.S.
might still take action on Iran before a meeting takes place.
The president also didn't specify what kind of action he would take on Iran,