🚨 BREAKING: Fed Chair Powell Faces DOJ Criminal Investigation After Trump Attacks
The U.S. Department of Justice has opened a criminal investigation into Federal Reserve Chair Jerome Powell, based on multiple US media reports.
The issue is linked to Powell’s testimony to Congress about the Federal Reserve’s headquarters renovation. That project reportedly went way over the original cost estimates, and now investigators are checking whether what was said under oath really matched the full scope and final numbers. As of now, there are no charges.
Powell has denied doing anything wrong. Still, the timing feels important. This comes after months of public attacks from Donald Trump, who has openly blamed Powell for rate policy and has said more than once that he should be removed.
Markets didn’t wait around. Bitcoin and major crypto moved higher, while the US dollar and equity futures slipped a bit. Gold also saw some fresh buying, classic risk-off behaviour.
👉 My take: this looks like new drama in the same old Trump vs Fed story. I think Trump is trying to turn up pressure again, knowing markets react fast when Fed independence gets questioned. Maybe this goes somewhere, maybe it doesn’t — but the uncertainty alone is enough to shake prices. Expect more noise, more volatality, and more headlines soon.
$BTC $RIVER $ETH #CPIWatch #USJobsData #TRUMP #MeowAlert
