The Justice Department escalated pressure on Fed Chair Powell by threatening criminal charges over his Senate testimony delivered last June. This political move introduces uncertainty into monetary policy communications, potentially affecting market expectations around interest rates and liquidity conditions that directly impact asset valuations across digital and traditional markets.
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The Justice Department escalated pressure on Fed Chair Powell by threatening criminal charges over his Senate testimony delivered last June. This political move introduces uncertainty into monetary policy communications, potentially affecting market expectations around interest rates and liquidity conditions that directly impact asset valuations across digital and traditional markets.