CoinWorld News reports, ME News reports, on January 12 (UTC+8), sources familiar with the matter say that Federal Housing Finance Agency Director Mark Pulte is the main driving force behind the Trump administration's decision to issue a subpoena to the Federal Reserve. Some insiders indicate that some of Trump's allies are concerned about this move, fearing that legal actions against Federal Reserve Chair Powell could disrupt the bond market. They are also worried that this will hinder Powell from leaving the Fed after his chairmanship ends in May. Powell can continue serving as a Federal Reserve Board member until 2028, but he has not yet indicated whether he will step down as is customary. Some insiders say that some of Trump's senior aides only learned of this when Powell received the subpoena on Friday evening.

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