
Welcome to the Utopia Forums! Register a new account
The current time is Mon Jan 12 08:26:54 UTC 2026
Utopia Talk / Politics / Fed Chair under criminal investigation
|
murder
rank | Mon Jan 12 05:01:17 Fed Chair Powell says he’s under criminal investigation, won’t bow to Trump intimidation Federal prosecutors are conducting a criminal investigation of Federal Reserve Chairman Jerome Powell focused on the $2.5 billion renovation to the central bank’s headquarters in Washington, D.C., and his related testimony to Congress, he said on Sunday evening. Powell said the probe is the result of longstanding frustration by President Donald Trump over the Fed’s refusal to cut interest rates as quickly and as much as the president has demanded. “The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President,” Powell said in a video statement tweeted by the Fed’s X account. The chairman warned that the outcome of the investigation will determine the future of the central bank’s decisions. “This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions — or whether instead monetary policy will be directed by political pressure or intimidation,” Powell said. Read the rest here: https://ww...powell-criminal-probe-nyt.html |
|
Rugian
rank | Mon Jan 12 05:33:34 What the actual fuck. |
|
Average Ameriacn
rank | Mon Jan 12 06:22:08 MAGA! |
|
earthpig
rank | Mon Jan 12 06:49:06 "Kamala would have been worse" - dumbasses |
|
Pillz
rank | Mon Jan 12 07:36:25 #MAGA |
|
murder
rank | Mon Jan 12 08:16:49 It's hard to believe that if you leave a spoiled brat unsupervised and answerable to no one, that he'll just go around setting fires. He's just getting bolder and bolder. - |
| show deleted posts |