The Justice Department filed grand jury subpoenas against the Federal Reserve on Friday as part of a criminal investigation into Federal Reserve Chair Jerome Powell. Powell confirmed the development through a video statement released Sunday. The move marks a significant moment for the nation's central banking system, with potential implications for monetary policy direction and market stability. The Federal Reserve's leadership and operational independence have come under scrutiny, raising questions about policy consistency and future decisions affecting both traditional finance and digital asset markets.
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CryptoSurvivor
· 01-13 00:56
Is the Federal Reserve Chair under investigation? This really puts the independence of the central bank to the test... Both traditional finance and the crypto market will have to watch closely.
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JustHodlIt
· 01-13 00:54
Damn, the Fed is under investigation? Powell is doomed?
Now both the crypto world and traditional finance are panicking. If policies go haywire, how are we supposed to play?
The Department of Justice is serious this time; it feels like a major event is coming.
The independence of the Federal Reserve has collapsed; this is setting a trap for the market.
Powell must be stunned, he just came out on Sunday to deny the rumors...
Can we still trust the interest rate hike policy? It feels completely chaotic.
This is unbelievable; even central banks can be investigated. What can't be scrutinized?
We need to protect our assets; this wave of risk is significant.
The power balance is beginning; let's see how this drama unfolds.
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AirdropHunterXM
· 01-13 00:52
Holy crap, the Fed Chair is under investigation? The financial world is about to blow up
Powell is really under scrutiny, both traditional finance and the crypto circle are going to be affected by turbulence
The independence of the Fed is shaken, who knows how the policies will proceed
If this is confirmed, stablecoins will be panicking
The US Department of Justice is serious, it feels like the tide has turned
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DuckFluff
· 01-13 00:51
Damn, the Federal Reserve is under investigation too? Powell's situation is pretty rough.
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The Department of Justice is moving now, this could get big... What does the crypto community think?
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Wait, will this cause any chain reactions in the crypto market?
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The internal conflict in the US is escalating, even the central bank isn't safe anymore—truly outrageous.
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Powell's days probably won't be easy, who can guarantee what the policy will be next?
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Is this for real? Big shots are now afraid of investigations...
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If this really gets confirmed, the entire financial market will be bloodbath.
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But on the other hand, the checks and balances of power should come when they are due.
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Damn, is the independence of the Federal Reserve about to be destroyed...
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Powell being taken down like this? Feels more intense than a movie.
The Justice Department filed grand jury subpoenas against the Federal Reserve on Friday as part of a criminal investigation into Federal Reserve Chair Jerome Powell. Powell confirmed the development through a video statement released Sunday. The move marks a significant moment for the nation's central banking system, with potential implications for monetary policy direction and market stability. The Federal Reserve's leadership and operational independence have come under scrutiny, raising questions about policy consistency and future decisions affecting both traditional finance and digital asset markets.