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The Department of Justice has opened a criminal investigation into Federal Reserve Chair Jerome Powell — and the bitcoin price is reacting. The investigation is intensifying a months‑long feud between the White House and the U.S. central bank
According to Powell, the DOJ served the Federal Reserve with grand jury subpoenas and threatened a criminal indictment tied to his June 2025 testimony about a $2.5 billion plus renovation of Fed office buildings.
Powell characterized the move as politically motivated, claiming it reflected pressure from the Trump administration to cut interest rates more sharply than the Fed’s data‑dependent stance.
President Donald Trump has…
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