Federal prosecutors initiated a criminal investigation into Federal Reserve Chairman Jerome Powell, as he acknowledged over the weekend. The probe stems from the central bank's approach to monetary policy—specifically how officials determine interest rate decisions. Powell emphasized that the Fed's rate-setting framework is grounded in evaluating what best serves public interest. The investigation raises questions about the transparency and reasoning behind major policy moves that ripple through financial markets, including crypto assets. As traditional finance policy shifts affect liquidity and investor sentiment across digital assets, the Fed's decision-making process remains under scrutiny.
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TokenDustCollector
· 21h ago
Powell under investigation? Now we really need to see how they set interest rates clearly.
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shadowy_supercoder
· 21h ago
Powell under investigation? Now someone in the crypto world is finally speaking up for us.
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GasFeeCrier
· 21h ago
Ha, I told you so. Powell's investigation this time feels like it was long overdue.
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GraphGuru
· 21h ago
Powell under investigation? This just got interesting. It seems that the traditional finance system has always been a black box, and now someone is finally taking it seriously.
Federal prosecutors initiated a criminal investigation into Federal Reserve Chairman Jerome Powell, as he acknowledged over the weekend. The probe stems from the central bank's approach to monetary policy—specifically how officials determine interest rate decisions. Powell emphasized that the Fed's rate-setting framework is grounded in evaluating what best serves public interest. The investigation raises questions about the transparency and reasoning behind major policy moves that ripple through financial markets, including crypto assets. As traditional finance policy shifts affect liquidity and investor sentiment across digital assets, the Fed's decision-making process remains under scrutiny.