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Federal charges against Powell by June 30? Honestly, the odds are essentially zero.
Let's look at what's actually happening:
— No active DOJ investigation
— No inspector general referral
— No congressional inquiry crossing into criminal jurisdiction
What we're seeing is pure political theater. Angry rhetoric about interest rates makes for great headlines, sure. But headlines don't equal legal jeopardy. The rate debate is political noise, not criminal exposure. The market's pricing in worst-case scenarios that have zero basis in reality.