The DOJ just filed criminal charges against Fed Chair Jerome Powell. $FXS

This is the most consequential shift in American monetary governance since 1913. $REZ

Most people won’t realize what changed this week until months from now. $AMP

Powell says the DOJ probe is a direct consequence of not cutting rates when Trump wanted.

This is an open war now.

And it's very bad for risk assets.

For 113 years, Fed Chairs could defy presidents without facing prosecution.

That era ended on January 9, 2026.