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BREAKING: Remember when Jerome Powell corrected Trump’s math on national television, live, and called out his disinformation. Trump is still holding a grudge Jerome Powell just torched Donald Trump after the DOJ opened an investigation into Powell. Everyone needs to see this….
Remember when Jerome Powell corrected Trump’s math on national television, live, and called out his disinformation. Trump is still holding a grudge
Jerome Powell just torched Donald Trump after the DOJ opened an investigation into Powell.
Everyone needs to see this….
### **BREAKING: Jerome Powell Just Fired Back at Trump — And the Truth Will Shock You!**
Federal Reserve Chair **Jerome Powell** has escalated his long‑running clash with former President **Donald Trump** after the U.S. Department of Justice opened a **criminal investigation** into him, marking an unprecedented moment in U.S. economic and political history.
The probe stems from **grand jury subpoenas** served to the Federal Reserve over Powell’s **testimony to Congress last June** about the Fed’s roughly **$2.5 billion renovation** of its headquarters — an issue Trump has repeatedly used to attack the central bank’s leadership.
In a **rare video statement** released Sunday night, Powell responded to the Justice Department’s actions by calling the investigation a **“pretext”** and an attempt to exert political influence over Fed policy. He said the threat of criminal charges wasn’t truly about renovation costs but about **pressure on interest‑rate decisions** — decisions the Fed makes independently of the White House.
> “The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President,” Powell said, framing the legal threat as part of a broader campaign of intimidation.
Powell’s forceful rebuttal comes amid simmering tensions: during Trump’s presidency he publicly scolded Powell — famously disputing his numbers on national television last year — and has repeatedly criticized the Fed for *not* slashing rates as aggressively as he wanted.
Trump has **denied direct involvement** in the DOJ action in media appearances, but the timing and intensity of the investigation have alarmed lawmakers and market watchers who see the move as a direct challenge to the Federal Reserve’s long‑standing independence.
Financial markets reacted swiftly: **U.S. stock futures slid**, the dollar weakened, and gold prices climbed as investors weighed the risks of political interference in U.S. monetary policy.
Powell vowed to **continue in his role** and defend the Fed’s mandate, saying public service sometimes requires standing firm in the face of threats. (
This dramatic escalation — from televised disputes over numbers to **a criminal probe and public rebuttal** — underscores just how deeply the feud between Powell and Trump has grown, with potentially profound implications for U.S. economic governance and global markets.
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