#Strategy加仓BTC The Federal Reserve Chairman Powell suddenly finds himself embroiled in a criminal investigation storm. The District of Columbia federal prosecutors have filed charges of perjury related to renovation projects, accusing him of manipulating the renovation budget at the Federal Reserve headquarters—escalating from $1.9 billion in 2022 to $2.5 billion. Documents obtained by the prosecution show that high-end features such as VIP dining rooms, rooftop gardens, and private elevators, which Powell publicly denied, were actually included in the renovation list, clearly indicating luxury upgrades under the guise of renovation.
The power struggle behind this controversy is even more noteworthy. The prosecutor leading the investigation is a key figure in the current government, and the long-standing conflict between Trump and Powell has been well known. Since returning to the White House, Trump has been pressuring for significant rate cuts, but Powell has insisted on maintaining inflation safeguards and refused to loosen policy quickly. During exchanges, Trump even publicly disparaged Powell.
This is the first time since its establishment in 1913 that a sitting Federal Reserve chair has faced criminal trial. The long-standing principle of "central bank independence" has been broken.
However, there are variables in reality. The evidence collection process is lengthy, and judicial procedures are complex, while Powell’s term has less than four months remaining. Ultimately, this power game may serve to scare the market into stability or could backfire, harming the economy—markets are watching. For $BTC and $ETH holders, the uncertainty surrounding the Federal Reserve’s policy direction itself is a trading variable.
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GasWaster
· 01-16 08:59
This move is brilliant. The central bank's independence is gone, and they can now check everything.
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RugpullTherapist
· 01-16 08:58
This thing is really outrageous. Is the independence of the central bank really gone just like that? How are retail investors supposed to play?
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LiquidityWitch
· 01-16 08:57
Now the central bank's independence is really in trouble; Trump's move is absolutely clever.
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Degen4Breakfast
· 01-16 08:53
Wait, this script is too outrageous. Has Powell really been investigated? If the independence of the central bank is truly compromised this time, BTC could directly break through $100,000...
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BakedCatFanboy
· 01-16 08:48
Now the independence of the central bank is really shattered, Trump's move is brilliant
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Wait, the renovation budget skyrocketed from 1.9 billion to 2.5 billion? That must be a super luxurious restaurant haha
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Powell has only 4 months left in his term but still insists on pushing forward, the chances of this case not reaching a conclusion are very high
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Power games are just power games, I just want to know how this will short-term affect the coin price...
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The central bank chairman being prosecuted, this is truly the first in a hundred years, a bit outrageous but also seems somewhat reasonable?
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Playing with fire and hurting the economy in the process, this saying is spot on, the Fed messed up, how can the market stay stable
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No matter the verdict, this uncertainty is actually a good thing for BTC, brothers
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VIP restaurant rooftop garden private elevator, the Fed's taste is quite unique, and they dare to deny it publicly?
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Trump pressures to cut rates vs. Powell defending inflation, doing it this way directly solves the problem physically
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Long evidence collection cycle and complex judiciary, if this case drags on, Powell might as well be off work
#Strategy加仓BTC The Federal Reserve Chairman Powell suddenly finds himself embroiled in a criminal investigation storm. The District of Columbia federal prosecutors have filed charges of perjury related to renovation projects, accusing him of manipulating the renovation budget at the Federal Reserve headquarters—escalating from $1.9 billion in 2022 to $2.5 billion. Documents obtained by the prosecution show that high-end features such as VIP dining rooms, rooftop gardens, and private elevators, which Powell publicly denied, were actually included in the renovation list, clearly indicating luxury upgrades under the guise of renovation.
The power struggle behind this controversy is even more noteworthy. The prosecutor leading the investigation is a key figure in the current government, and the long-standing conflict between Trump and Powell has been well known. Since returning to the White House, Trump has been pressuring for significant rate cuts, but Powell has insisted on maintaining inflation safeguards and refused to loosen policy quickly. During exchanges, Trump even publicly disparaged Powell.
This is the first time since its establishment in 1913 that a sitting Federal Reserve chair has faced criminal trial. The long-standing principle of "central bank independence" has been broken.
However, there are variables in reality. The evidence collection process is lengthy, and judicial procedures are complex, while Powell’s term has less than four months remaining. Ultimately, this power game may serve to scare the market into stability or could backfire, harming the economy—markets are watching. For $BTC and $ETH holders, the uncertainty surrounding the Federal Reserve’s policy direction itself is a trading variable.