🔥 HOT NEWS – FED CHAIR JEROME POWELL UNDER CRIMINAL INVESTIGATION BY DOJ
According to multiple major international sources, the U.S. Department of Justice (DOJ) is launching a criminal investigation related to Federal Reserve Chair Jerome Powell.
📌 Key points of the case:
- DOJ is investigating the renovation project of the Fed's headquarters in Washington, with a total budget of approximately $2.5 billion.
- Powell is suspected of providing misleading/falsified information before the Senate Banking Committee (June 2025) regarding the costs and scope of the Washington DC federal prosecutor's office project.
- Grand Jury Subpoenas (summons) were issued to the Fed on January 10, 2026.
⌛ Rare response from Powell (January 11, 2026):
Powell issued a public statement, asserting:
"This is not about the project or testimony—it is an attempt to exert political pressure on the independence of the Fed."
He emphasized that the Fed will not yield to political pressure.
⚠️ Sensitive context:
- Ongoing tensions between #Trump – #Powell
- Trump has repeatedly criticized the Fed for not cutting interest rates sufficiently
- Powell's tenure as Fed Chair ends in May 2026
📊 Market impact:
- Risk of eroding confidence in the Fed's independence
- Could significantly affect USD, bond yields, gold & crypto
- Markets will be extremely sensitive to any further developments
