Questions Raised Over Federal Reserve Leadership Amid Justice Department Investigation



Tensions have escalated between the Federal Reserve and U.S. law enforcement agencies. Fed Chair Jerome Powell recently claimed that ongoing criminal investigations represent an attempt to undermine the central bank's institutional independence.

The scrutiny centers on serious allegations, including potential perjury charges and examination of a $600 million renovation project. These developments mark a significant moment in debates over Federal Reserve governance and oversight.

The investigation's scope and implications remain unclear, but such high-profile tensions between financial authorities and judicial bodies typically influence broader market sentiment. Investors watching central bank policy dynamics should monitor how these developments unfold, particularly given the Fed's critical role in shaping monetary policy and overall economic conditions that directly impact crypto and traditional asset markets.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
GateUser-6bc33122vip
· 4h ago
Damn, the Federal Reserve is shifting the blame again? They can even link a $6 million renovation project to it—this move is truly brilliant.
View OriginalReply0
ForumMiningMastervip
· 5h ago
Haha Powell's move, acting like he's the victim and trying to pass the buck to the Department of Justice? It's really "I am wrongfully accused"... But on the other hand, this 6 million renovation project is indeed outrageous, what about transparency? Regulators are fighting each other, retail investors are suffering, the crypto circle has been watching the show for a long time haha How will this play out? Will the hawks be even more aggressive or will they have to ease up? Waiting to see what happens next, anyway Bitcoin has already set the tone, just watch how the Fed's stance shifts Powell is pretending to be serious, but this matter is definitely not that simple The Fed's independence as a pretext, it works pretty well here, huh, haha Very interesting, as the power struggle escalates, the crypto market is experiencing wild surges and crashes
View OriginalReply0
TideRecedervip
· 7h ago
The Federal Reserve is now in trouble, and Powell is still passing the buck... Are the regulators really going to clash with the central bank now?
View OriginalReply0
GhostAddressHuntervip
· 01-13 21:01
Fed is shifting the blame again. This narrative of "independence" really sounds tired. --- A 600 million dollar renovation project? That must be incredibly luxurious... Ordinary people don't have that kind of budget for a house. --- Powell is getting anxious, which clearly indicates there's something he's afraid will be exposed. --- Here we go again. Every time, they say the market will be affected, but the crypto market still rebounds as usual. --- It feels different this time. Charges like perjury are not a joke... --- Let's wait and see. This will probably end up as a muddled compromise again. --- The fight between the Federal Reserve and the Department of Justice is essentially an internal conflict. For retail investors, it's really hard to tell if it's good or bad news. --- I read Powell's statement, and it feels like he was forced to release it. --- Investors are watching this drama. I'm just curious whether it will affect the interest rate cut plans. --- Releasing this at a critical moment doesn't seem like a coincidence.
View OriginalReply0
BearMarketSurvivorvip
· 01-13 21:01
The Federal Reserve is doing this again? Powell is treating the Department of Justice as a transparent person.
View OriginalReply0
Whale_Whisperervip
· 01-13 21:00
Ha, Powell is trying to shift blame or has he really been targeted? --- 600 million renovation project? Who approved this, Satoshi Nakamoto? --- Fed internal chaos, does the crypto circle have another opportunity? --- Wait, perjury? The central bank chairman dares to lie to the court? --- If this investigation really uncovers something, the credibility of traditional finance will be completely ruined. --- Federal Reserve independence vs. judicial authority, always a classic contradiction. --- Honestly, I don't understand this move, but it feels complicated. --- 600 million renovation... My goodness, how luxurious must that be? --- Powell says he's been retaliated against, another big power struggle drama. --- Will the crypto market fluctuate with this good show? --- Internal conflicts within the federal government, and in the end, retail investors are the ones who suffer.
View OriginalReply0
New_Ser_Ngmivip
· 01-13 20:56
Powell's move this time is outrageous. On one hand, he says independence is being compromised, and on the other hand, he's making small moves himself... It cracks me up.
View OriginalReply0
RugpullTherapistvip
· 01-13 20:45
Haha, here they come again. The Federal Reserve folks are really outrageous, talking about independence being compromised... I think they just want to pass the buck. It's really interesting. A $6 million renovation cost can be linked to a criminal case. Powell's move is perfect, directly shifting the blame to the Department of Justice. Wait, if this goes into a deep investigation, the market will explode... Our crypto circle needs to watch this closely. Isn't this just a power game? Everyone stop pretending to be innocent. Powell is still whining? That's funny. This is just internal struggle within the system being exposed. How will the crypto prices move, everyone?
View OriginalReply0
AirdropHarvestervip
· 01-13 20:44
Powell's move this time is really slippery, using "independence" as a shield... How can the Justice Department investigate him?
View OriginalReply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)