CoinWorld News, January 12 — Federal Reserve Chairman Jerome Powell responds to criminal investigation. Powell stated that the potential criminal charges are because the Federal Reserve's interest rate decisions are based on economic assessments rather than political will. The key issue moving forward is whether the Fed's interest rate decisions will continue to be evidence-based or succumb to political influence and coercion. Powell said he has always performed his duties impartially and will continue to do so. Respect for the rule of law is essential, but being subject to criminal charges is unprecedented, and this signals a broader threat from the current US government against the Federal Reserve.
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CoinWorld News, January 12 — Federal Reserve Chairman Jerome Powell responds to criminal investigation. Powell stated that the potential criminal charges are because the Federal Reserve's interest rate decisions are based on economic assessments rather than political will. The key issue moving forward is whether the Fed's interest rate decisions will continue to be evidence-based or succumb to political influence and coercion. Powell said he has always performed his duties impartially and will continue to do so. Respect for the rule of law is essential, but being subject to criminal charges is unprecedented, and this signals a broader threat from the current US government against the Federal Reserve.