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📰 【U.S. Department of Justice Expected to Conclude Criminal Investigation of Powell as Early as Friday】
BlockBeats reported on April 24 that multiple informed sources revealed that the U.S. Department of Justice is expected to conclude its criminal investigation into Federal Reserve Chair Jerome Powell as early as this Friday, thereby ending a standoff that could potentially delay Wosh’s appointment. The sources said that senior DOJ officials have recently contacted several senators, including Tom Tillis, a Republican senator and a member of the Senate Banking Committee, informing them that they plan to drop the investigation into alleged cost overruns related to the renovation project of the Federal Reserve’s Washington headquarters and to hand the matter over to the Fed’s internal regulatory bodies. Powell’s term ends next month, but in March he said he would remain in office until Wosh, the candidate for Fed Chair nominated by Trump, is confirmed. According to PolyBeats...
Is the DOJ wrapping up its investigation into Powell? This is just one move in a political game of chess. The real core is the transfer of power at the Fed, and Wosh’s appointment is nearly a done deal. How will the market react? Don’t expect a policy shift—tightening dollar liquidity is the main storyline going forward. $BTC Short-term fluctuations won’t change the long-term trend; don’t be misled by this kind of news. 👇👇👇👇👇