#PowellUnderCriminalInvestigation 🏛️ The Powell Investigation
Facts vs. “Pretext” — and Why Markets Are Nervous
The Department of Justice, led by U.S. Attorney Jeanine Pirro, is investigating whether Fed Chair Jerome Powell misled Congress during his June 2025 testimony regarding the $2.5B renovation of the Federal Reserve headquarters.
This is no longer just a legal story—it’s a monetary policy shockwave.
🔍 What’s Being Investigated
The Allegation
Prosecutors are examining:
Roughly $700M in cost overruns
Claims of “lavish” additions (VIP elevators, marble finishes)
Powell has categorically