Is the Federal Reserve investigation controversy heating up? White House economic advisor sends a key signal

【BlockBeats】There has been a small controversy in U.S. politics recently. White House National Economic Council Director Harrisette mentioned in an interview that the federal criminal investigation into Federal Reserve Chair Powell is not a big issue and is not expected to cause any trouble.

He emphasized that the investigation by the Federal Reserve is essentially a routine information request, and the relevant data can be provided quickly, after which the investigation will proceed as usual. Interestingly, he also expressed hope that the Federal Reserve could be more transparent about the cost overruns in the headquarters renovation, which is also the focus of the Department of Justice investigation.

This statement sends a signal — although it sounds like there’s no problem on the surface, there are still many doubts about the Federal Reserve’s cost management. For traders focused on macro policies, personnel and internal management issues at the Federal Reserve could affect its decision-making independence, thereby impacting overall market liquidity and policy direction.