🚨 BIG NEWS FROM DC 👀
The U.S. Attorney’s Office in Washington, D.C. has opened a criminal investigation into Federal Reserve Chair Jerome Powell.
It’s linked to the multi-billion-dollar renovation of the Fed’s headquarters — reportedly way over budget — raising serious questions about spending and transparency.
Most people view the Fed Chair as untouchable, so this one shocked the markets.
⚡ Here’s the angle:
Powell claims the investigation isn’t really about the buildings. He sees it as political pressure, coinciding suspiciously with debates over interest rates.
Investors are concerned this could threaten Fed independence, a cornerstone that has protected the U.S. economy for decades.
📉📈 Market Impact:
If Fed decisions start being influenced by politics rather than data, uncertainty will rise — a risk for all investors.
One probe, one oversized renovation… but it could shake confidence in the entire financial system. The story is still unfolding.
💎 Trending coins to watch right now:
| $IP
