#比特币2026年行情展望 Federal Reserve Chair Jerome Powell is embroiled in a criminal investigation controversy, and the political game behind it warrants attention.

The District of Columbia federal prosecutor has launched an investigation into him for perjury related to renovation works, with the core charges pointing directly at the refurbishment project of the Federal Reserve Board headquarters. The figures are staggering—originally budgeted at $1.9 billion in 2022, the final cost ballooned to $2.5 billion, an increase of over 30%. Documents disclosed by the prosecution reveal significant discrepancies between the project's content and Powell's previous public statements, involving high-end features such as VIP restaurants, rooftop gardens, and private elevators.

Even more dramatic is the background of the investigators. The prosecutor handling this case is said to be a staunch supporter of the current government, and the long-standing conflict between Trump and Powell has been well known. After Trump returned to the White House last year, he repeatedly demanded large rate cuts to stimulate the economy, but Powell remained committed to fighting inflation, willing to endure political pressure rather than relent. This opposition has finally intensified at the judicial level.

This is the first time since its establishment in 1913 that the Federal Reserve has put a sitting chairman on trial, directly challenging the foundational system of "central bank independence" that has been in place for over a century.

However, multiple variables exist in reality. The evidence collection process is complex, judicial procedures are lengthy, and Powell's term has only four months remaining. Whether this power struggle is a warning signal or a counterforce, market participants and financial market players are watching closely. For cryptocurrencies like $BTC, $ETH, and other digital assets, the direction of Fed policy directly impacts risk asset valuations. The development of this event could become a significant variable in the next phase of the market.