🚨 FED vs. TRUMP DRAMA ALERT 🚨
The heat is ON in Washington, and markets are feeling it:
1️⃣ Jerome Powell under investigation 🕵️♂️
The DOJ has issued grand jury subpoenas to the Fed over Powell’s statements about a renovation project at the Fed HQ. Powell has publicly confirmed it — this is not a rumor.
2️⃣ Trump says he’s out of it ❌
The former president insists he had zero involvement: “I know nothing about it.” The White House backs this, confirming Trump didn’t instruct the DOJ.
3️⃣ But politics can’t be ignored ⚡
Powell and others claim the timing is suspicious — the investigation comes amid clashes over interest rate policy. Could politics be influencing the probe? Possibly. Does it prove Trump ordered it? Not exactly. But the tension is real.
4️⃣ Markets are watching 📉
Analysts warn: this conflict could shake confidence in Fed independence, affecting inflation, interest rates, and global markets.
💥 Bottom line: This is a high-stakes showdown between politics and central banking, and it could ripple through the economy faster than a crypto pump.
#FedDrama #JeromePowell #Trump #MarketsOnEdge #CryptoAndMarkets