2026-01-12 16:20:29

U.S. federal prosecutors have opened a formal criminal investigation into Federal Reserve Chair Jerome Powell. The investigation centers on allegations that Powell may have made misleading statements to Congress regarding the Federal Reserve's substantial $2.5 billion headquarters renovation project. This development adds another layer of scrutiny to Fed leadership at a critical time for monetary policy discussions.

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YieldFarmRefugee

· 13h ago

Did Powell mess up? Spending 250 million on a luxurious headquarters and still fooling Congress—this move is truly clever.

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ChainMaskedRider

· 13h ago

25 billion to renovate the headquarters, the founding father is starting to act? This script is quite outrageous, huh

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CryptoTherapist

· 13h ago

ngl, powell's psychological resistance level just hit zero... this is what happens when you mix denial with power, the chart's literally screaming "institutional copium peak." they teach you in therapy that confession beats conviction every time, but i guess the fed's never been to a session lol

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DEXRobinHood

· 13h ago

ngl now the Fed is starting to cause trouble too, how did Powell get involved in a criminal investigation... Renovation of the $2.5 billion office building, how outrageous does it have to be to be investigated? Feels like the whole system is rotten.

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ZeroRushCaptain

· 13h ago

Powell is also starting to mess up? Now this is good, the Federal Reserve Chair has to go to court for testimony, what am I as a retail investor... All the reverse indicators have turned into positive ones😅

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