🚨 BREAKING: FED CHAIR JEROME POWELL FACES CRIMINAL INDICTMENT THREAT! 🚨$IP
In an unprecedented escalation, Federal Reserve Chairman Jerome Powell has confirmed that the U.S. Department of Justice (DOJ) served the Fed with grand jury subpoenas on Friday, threatening him with a criminal indictment.
What’s Happening?
The Allegation: The DOJ is investigating Powell’s June 2025 testimony regarding the $2.5 billion renovation of the Federal Reserve’s headquarters, alleging potential "mismanagement" or "deception" regarding cost overruns.
Powell’s Defense: In a blistering Sunday night statement, Powell called the investigation a "pretext." He claims the real motive is political pressure from the Trump administration to force aggressive interest rate cuts.
Independence Under Fire: Powell stated, "The threat of criminal charges is a consequence of the Fed setting interest rates based on evidence, rather than following the preferences of the President."
📊 Potential Market Implications:
USD: This internal war may shake confidence in the Dollar, causing unpredictable swings in the DXY as institutional trust is tested.
Gold & Silver: Investors may rush to precious metals as a hedge against systemic breakdown and the loss of Fed autonomy.
Bitcoin: Despite its "Digital Gold" status, BTC may face a "risk-off" sell-off as traders liquidate assets for cash in the short term.
Equities: S&P 500 and Nasdaq may see heavy pressure due to "policy paralysis"—the market hates not knowing who is steering the ship.
Economic Risk: This may mark the end of an independent Fed, which may force a total re-evaluation of US financial stability.
⚠️ Warning: Expect extreme volatility. Price action may be driven entirely by headlines over the next 24 hours.$XMR
