DOJ vs. Fed Chair Jerome Powell and the White House Warning For Iran

A slew of Democrats and several key Republicans are speaking out against the Justice Department’s probe of the Federal Reserve, warning it could undermine the central bank’s independence. Chair Jerome Powell insists this is really a pressure campaign. So, who blinks first, the Fed or the White House? NBC News Senior White House Correspondent Garrett Haake, who spoke with President Trump about it on the phone, and NBC News Business and Data Correspondent Brian Cheung join us to unpack it all. And President Trump is threatening action against Iran’s leadership after weeks of deadly protests in the country. Are we edging toward U.S. involvement and what would that mean? We’re joined by NBC News Chief Foreign Correspondent Richard Engel. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.