❗️🇺🇸 The U.S. Department of Justice has initiated a criminal investigation into Federal Reserve Chair Jerome Powell.
➤ The formal reason is his testimony in the Senate about the reconstruction of the Federal Reserve buildings. ➤ According to Powell, this is just a pretext, and the real reason is his refusal to bow to political pressure. ➤ He stated that the threats of criminal charges are related to the Fed not lowering interest rates at Donald Trump's request.
Donald Trump denies involvement in the investigation but once again criticized Powell, emphasizing that interest rates in the U.S. are too high.
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❗️🇺🇸 The U.S. Department of Justice has initiated a criminal investigation into Federal Reserve Chair Jerome Powell.
➤ The formal reason is his testimony in the Senate about the reconstruction of the Federal Reserve buildings.
➤ According to Powell, this is just a pretext, and the real reason is his refusal to bow to political pressure.
➤ He stated that the threats of criminal charges are related to the Fed not lowering interest rates at Donald Trump's request.
Donald Trump denies involvement in the investigation but once again criticized Powell, emphasizing that interest rates in the U.S. are too high.