U.S. federal prosecutors have launched a criminal investigation into Federal Reserve Chair Jerome Powell and the central bank's $2.5 billion renovation project at its headquarters. The inquiry raises questions about oversight and resource allocation at the nation's most powerful financial institution. Given the Fed's critical role in setting monetary policy—which directly influences capital flows into digital assets and overall market conditions—any uncertainty around its leadership or operations can ripple through the broader financial ecosystem. The scope and findings of this investigation could have implications for market confidence and future policy direction.
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.
10 Likes
Reward
10
7
Repost
Share
Comment
0/400
ParallelChainMaxi
· 12h ago
250 million to renovate the headquarters? Are they really just burning our money like paper?
View OriginalReply0
PessimisticLayer
· 14h ago
Is it the same old story? The Federal Reserve spends $2.5B to renovate the headquarters, and now Powell is under investigation? That's incredible. Are the regulators joking around?
View OriginalReply0
ImpermanentPhobia
· 15h ago
Whoa, Powell is under investigation? The crypto world must be panicking now...
View OriginalReply0
DAOdreamer
· 01-12 01:25
What is the Federal Reserve checking? Probably the project teams in the crypto circle... Powell's recent move feels a bit familiar.
View OriginalReply0
BearMarketBuyer
· 01-12 01:12
Oh my, they're messing with the Fed again? Powell is probably going to be watching the drama this time.
View OriginalReply0
MEVHunterZhang
· 01-12 00:59
The Federal Reserve is causing trouble again, investigating the $2.5 billion headquarters renovation? Powell is probably in trouble this time. When policies swing, the crypto world will suffer too.
U.S. federal prosecutors have launched a criminal investigation into Federal Reserve Chair Jerome Powell and the central bank's $2.5 billion renovation project at its headquarters. The inquiry raises questions about oversight and resource allocation at the nation's most powerful financial institution. Given the Fed's critical role in setting monetary policy—which directly influences capital flows into digital assets and overall market conditions—any uncertainty around its leadership or operations can ripple through the broader financial ecosystem. The scope and findings of this investigation could have implications for market confidence and future policy direction.