🔥 Powell confronts DOJ: Investigation is a political smokescreen! Independence of the Fed on alert
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Hey, crypto friends, breaking bombshell! Fed Chair Powell is now under scrutiny by the US Department of Justice, facing potential criminal charges. But Powell didn't back down, firing back: this is nothing but a pretext!
The DOJ dug up Powell's old testimony from last June before the Senate, using it to question renovation projects, and even served a grand jury subpoena. Yet Powell stood firm, publicly countering: the investigation has nothing to do with the testimony—it's merely a political cover-up! He warned that the real issue is whether the Fed can still set interest rates based on economic data, or if it must now bow to political intimidation. Powell declared he won't be cowed by pressure, but this unprecedented move clearly reveals a sustained government campaign to exert influence.