🔥HOT: Federal Reserve Chair Jerome Powell released a video accusing the U.S. Department of Justice (DOJ) of actions threatening the independence of the Fed, aiming to pressure a rate cut.
This is an unprecedented move, marking a direct confrontation between the Fed and the DOJ—agency believed to be influenced by Trump. Powell's public statement is seen as an early warning signal to the U.S. financial markets about the risk of political interference in monetary policy.