The Trump administration threatens to indict Federal Reserve Chair Jerome Powell over comments on a building renovation project, escalating tensions between the Fed chair and the president. Powell denounces the threat as an attempt to gain more influence over interest rate policy. The market response is muted, with U.S. stock futures dipping slightly and the dollar falling against a basket of currencies. Asian equity markets remain stable, while European shares dip early on Monday. Additionally, Iran faces a violent crackdown on protests, impacting global oil prices. Oil prices rise last week but fall slightly on Monday.

Read more at Yahoo Finance: Powell pulls no punches