💥 BREAKING: Fed Chair Jerome Powell Under Investigation 🚨
Major news hitting the markets! U.S. Federal prosecutors have officially opened a criminal investigation into Fed Chair Jerome Powell.
📉 Key Details:
The Focus: The investigation centers on the $2.5B renovation of the Federal Reserve's headquarters and whether Powell misled Congress regarding the project’s costs.
Powell’s Response: He has called the move "unprecedented," stating that the charges are a "pretext" to pressure the Fed over interest rate policy.
Market Impact: Prediction markets are already reacting. Odds of a Powell exit have jumped to:
12% on Polymarket
19% on Kalshi
Stay tuned as this legal battle between the White House and the Fed heats up.
#JeromePowell #FederalReserve #CryptoNews #FinanceUpdate #breakingnews
