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Federal Reserve Chair Jerome Powell Under Criminal Investigation Amid Political Tensions

Federal Reserve Chair Jerome Powell Under Criminal Investigation Amid Political Tensions

Author:

Global Cryptocurrency

Published:

2026-01-12 20:15:02

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BTCCSquare news:

Federal Reserve Chairman Jerome Powell faces a criminal investigation related to Senate testimony about renovations at Fed buildings. The probe emerges during heightened political tensions between the Fed and former President Donald Trump, raising concerns about central bank independence.

Market analysts warn this development threatens institutional credibility and may increase financial volatility. bitcoin is gaining attention as a non-sovereign alternative during this crisis of confidence in traditional institutions.

The investigation centers on Powell's congressional testimony about facility upgrades at the Federal Reserve. As political pressures mount, investors are scrutinizing the Fed's ability to maintain monetary policy independence.

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