The controversy behind Jerome Powell's Senate testimony, from the VIP dining room to the special elevators

Federal prosecutors have launched a criminal investigation into Federal Reserve Chair Jerome Powell.

ANDREW CABALLERO-REYNOLDS/AFP via Getty Images

• Jerome Powell says the DOJ criminal investigation into him centers on his Senate testimony.
• At a June hearing, he got into a heated exchange with Sen. Tim Scott about Fed building renovations.
• One Republican representative said Powell lied and sent a criminal referral to the DOJ.

In an extraordinary video Sunday night...