RandAlThor@lemmy.ca to

News@lemmy.world · 2 months ago

Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment

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Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment

RandAlThor@lemmy.ca to

News@lemmy.world · 2 months ago

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The Federal Reserve chair said the central bank has been threatened with a criminal indictment over his testimony about building renovations.

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2 months ago
1. So Trump wants interest rates to go down.

2. So Trump instigates criminal proceedings against Powell.

3. So that makes traders sell off Treasuries.

4. So that makes interest rates go up.

5. So Trump, and his ignorant supporters, are morons.

https://www.cnbc.com/2026/01/12/us-treasury-yields-fed-chair-powell-under-criminal-investigation.html

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