President Donald Trump said on 16 July that he believes Federal Reserve Chair Jerome Powell "is already under investigation," alleging the matter could involve fraud tied to renovations at the U.S. central bank’s headquarters. Trump told reporters he is "highly unlikely" to dismiss Powell unless wrongdoing is proven, adding that he thinks "he’s got some problems." Two White House officials said the president queried Republican lawmakers about the issue the previous evening. Trump offered no evidence to support the claim and did not specify which agency might be handling any probe. It remains unclear what the purported investigation covers, and no details have been released by the Federal Reserve or law-enforcement authorities.