Powell chose to make this matter public in order to prevent the previously applied private pressure from being concealed. The decision to disclose the related investigation was evidently based on a judgment: the public has the right to know. The potential threat of lawsuits against the current Federal Reserve Chair is crucial information for investors and anyone trying to understand the multiple factors behind interest rate decisions.
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Powell chose to make this matter public in order to prevent the previously applied private pressure from being concealed. The decision to disclose the related investigation was evidently based on a judgment: the public has the right to know. The potential threat of lawsuits against the current Federal Reserve Chair is crucial information for investors and anyone trying to understand the multiple factors behind interest rate decisions.