Getty Images President Donald Trump’s long-running war against Federal Reserve Chairman Jerome Powell has escalated. The U.S. Attorney’s Office in the District of Columbia has opened a criminal investigation into Powell over the renovation of the Central Bank’s headquarters, according to The New York Times . The probe includes a review of Powell’s public statements and an examination of spending records. Trump and his budget chief, Russell Vought, fixated on the renovation of the Fed’s Washington, D.C. headquarters last year, claiming that the “ostentatious” project failed to comply with government oversight regulations. Read more at The Daily Beast.