Federal Reserve Chair Jerome Powell could face legal scrutiny after a criminal referral by U.S. Representative Anna Paulina Luna. The Florida congresswoman has alleged that Powell testified falsely about the renovation of the Eccles Building of the Federal Reserve at a high cost.

Rep. Anna Paulina Luna (R-FL) referred Federal Reserve Chairman Jerome Powell to the Department of Justice last Saturday on charges of perjury and making false statements. President Donald Trump and Republicans have targeted Powell for not lowering interest rates and the central bank’s lavish spending on its new headquarters.

Powell has been accused of lying to Congress about the project after he testified last month that there would be no "VIP dining room," "new marble," or "special elevators," despite government planning documents indicating otherwise.

Despite calling for interest rate cuts and criticizing the Federal Reserve' costly renovation, President Trump said it's "unlikely" he would fire chair Jerome Powell.

President Donald Trump made an unusual visit to the Federal Reserve Thursday, donning a hardhat and being led on a tour of the construction site by Federal Reserve Chairman Jerome Powell to cap weeks of mounting criticisms over a $2.

While Trump has said he has “no plans” to remove Powell—he has received legal advice that an attempt to do so would most likely fail if it went to the Supreme Court—he has maintained a virtual daily barrage against the Fed chair over his refusal to lower interest rates.

Republican Rep. Anna Paulina Luna of Florida sent a letter to Attorney General Pam Bondi calling for an investigation into Federal Reserve Chairman Jerome Powell for "potential perjury and making false statements" -- calling into question testimony Powell delivered on June 25 at the Senate Banking Committee.