🚨 Unprecedented Criminal Probe Targets US Federal Reserve Chair 🚨
For decades, the Federal Reserve stood largely untouchable. Now, federal prosecutors have initiated an unprecedented move, pushing open the door to direct legal scrutiny. This development marks a significant shift in the financial landscape.
A criminal probe, led by a prosecutor appointed by President Trump, targets Fed Chair Jerome Powell. The investigation concerns alleged false statements regarding a $2.5 billion headquarters renovation, which reportedly surged by an additional $600 million. This situation is truly a first for the market.
Chair Powell labels this a case of "weaponized law" and political pressure. However, markets perceive it differently. Many investors see this as a critical threat to the Federal Reserve's long-held independence.
The invisible wall between the White House and the 'money printer' appears to be collapsing. Political influence entering interest-rate decisions could dramatically impact bonds, stocks, and the dollar. It also risks global trust in the entire financial system.
This probe transcends a building or testimony; it questions who truly controls economic policy. The fundamental question now is: do economic data or political power dictate rates? Once this line is crossed, reversing course becomes exceedingly difficult. 👀