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Federal Reserve Chair Powell is in big trouble. Prosecutors have launched a criminal investigation into the astronomical budget—$2.5 billion—for the headquarters renovation project, which ultimately went over budget by nearly $700 million.

The real bombshell is this: the prosecution accuses Powell of perjury in Congress. He had vehemently denied that the project involved luxury features like a "private elevator" and "marble flooring," but now that has been proven false. Perjury is no small matter; it means that the person with the most influence over the Federal Reserve's voice is losing credibility at an alarming rate.

Looking at it from another angle: a decision-maker who controls the supply of dollars and directly influences global liquidity, if questioned about basic integrity, every interest rate adjustment and policy statement will be re-evaluated by the market. This uncertainty is precisely the most sensitive string in the crypto market. The Federal Reserve's aura of independence is about to be burned to a crisp.
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TradFiRefugeevip
· 01-13 17:16
Wow, did Powell really mess up this time? Perjury directly hits the core issue—does the Federal Reserve still have any credibility? By the way, at this kind of time, BTC is probably about to take off again, right? Once centralized institutions are exposed, we've said it before... A $2.5 billion renovation and still overspending by $700 million, do they really think taxpayers are fools? The Federal Reserve is going down, and the days of fiat currency are not far off. What do you all think about this situation?
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MeaninglessApevip
· 01-13 14:39
Powell's recent move is truly outrageous. A 2.5 billion renovation project overshooting by 700 million? I can't even believe these numbers. Perjury directly strikes at the backbone of the Federal Reserve. Now, whatever he says about the market has to be questioned.
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MemeEchoervip
· 01-13 07:29
I don't believe it; we have to wait for solid evidence to come out.
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RamenStackervip
· 01-12 15:17
Haha, Powell is really doomed now, perjury, brother... Can we still trust the Federal Reserve? --- 25 billion overspend, 7 billion? This isn’t money that retail investors should be spending. --- Without integrity, everything is gone. The biggest fear in the crypto world is this kind of uncertainty. --- Private elevators, marble... Is this being built as a five-star hotel? --- The Federal Reserve’s halo is shattered. What’s next? --- If this is truly perjury, we need to reconsider every policy statement. --- Controlling the US dollar supply while committing perjury—this logic is incredible. --- The crypto circle has been tense for a long time, and now it’s tightening again. --- Waiting to see what happens next, feels like it’s going to blow up. --- Federal Reserve independence? Ha, now that’s a joke.
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MysteryBoxBustervip
· 01-12 10:58
Wow, is the Federal Reserve's credit bankrupt now? Powell's move directly delivers a big gift to the crypto world.
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ChainBrainvip
· 01-12 10:54
Wait, did Powell really mess up this time? Perjury, this is no small matter --- The person with the most influence in the Federal Reserve has lost credibility, the crypto world is in for some drama --- 25 billion still overspent by 700 million, really spending boldly, taxpayers' hard-earned money --- If this is confirmed, how much credit does the dollar still have? BTC is about to take off --- Private elevators, marble? Are we joking? What kind of operation is this --- The Federal Reserve's independence halo has been burned out, what about our assets? The uncertainty here really can't be sustained --- Perjuring in Congress is truly outrageous, I watch this political drama with my eyes wide open
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SatoshiLeftOnReadvip
· 01-12 10:50
Damn, this scoop is really huge... Powell, are you putting on a show for us? Perjury charges just need to be filed. --- So the Federal Reserve is starting to cause trouble now? No wonder people in the crypto world say they don't trust centralized institutions... --- 2.5 billion in renovations + 700 million overspending, this amount is even more than the GDP of some small countries. LOL --- Decision-makers whose integrity is bankrupt control global liquidity, this script is truly brilliant. --- No wonder Bitcoin has been active again recently. The Fed is just digging its own grave. --- It’s really outrageous to accuse someone of perjury, especially the Fed Chair... losing their voice directly.
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