โ๏ธ DOJ Probe Targets Fed Chair Powell โ Trump Denies Involvement ๐บ๐ธ
The Trump administration is denying any role in the DOJโs criminal investigation into Fed Chair Jerome Powell, which centers on alleged false statements regarding a $2.5B Fed headquarters renovation.
Powell claims the investigation is politically motivated, tied to pressure over interest rate policy
Trump denies any connection, while criticizing Powellโs leadership
Markets are watching closely โ the situation raises questions about Fed independence and the intersection of politics and monetary policy.