Yellen’s comments come the day after #JeromePowell confirmed he’d been made aware that the #USAttorney’s Office in Washington, DC, is looking into whether the #CentralBank leader lied during testimony he provided to #Congress last June about an expensive renovation project at the Fed’s HQ. The office is led by #JeaninePirro, a #Trump confidante & fmr #FoxNews host.
The #DOJ has not confirmed the investigation into what would be perjury charges.
The office of the #USattorney in #DC [#JeaninePirro] has unironically opened a #criminal “investigation” into #JeromePowell, the #FederalReserve chair, over the central bank’s renovation of its Washington HQ & whether Powell lied to Congress about the scope of the project…. [cough cough, ballroom, cough cough, White House, cough cough, Kennedy Center…]
#law #economy #independence #autocracy #despotism #dictatorship #tyranny #NewWorldOrder #recession #trumpcession
Fed's Powell says #Trump admin has threatened him with a #criminal #indictment
The Trump admin has threatened to indict #FederalReserve Chair #JeromePowell over Congressional testimony he gave last summer about a Fed building project, an action Powell called a "pretext" to gain more “influence” over the #CentralBank & #monetary #policy.
#law #economy #independence #autocracy #despotism #dictatorship #tyranny #recession #trumpcession
https://www.reuters.com/business/finance/feds-powell-says-administration-has-threatened-criminal-indictment-over-his-2026-01-12/?utm_source=braze&utm_medium=notifications&utm_campaign=2025_engagement
#FederalReserve Chair Powell says #DOJ has subpoenaed #CentralBank, threatens #criminal #indictment
Federal Reserve Chair #JeromePowell said Sunday the #DOJ has served the central bank with #subpoenas & threatened it with a criminal indictment over his testimony this summer about the Fed’s building renovations.
#Trump #RevengePolitics #law #LegalEthics #economy #independence #autocracy #despotism #dictatorship #tyranny #recession #trumpcession
https://apnews.com/article/federal-reserve-trump-subpoena-bf4fc6c690fa248fbc531bc9bc7f1758?utm_source=onesignal&utm_medium=push&utm_campaign=2026-01-11-Breaking+News
@Nonilex This is a load of HORSESHIT, just another power grab
Former #Fed Chair #JanetYellen on Monday condemned an investigation into her successor, #JeromePowell, saying it compromises the #CentralBank’s #independence.
Yellen said using the Fed’s key overnight borrowing rate to manage the debt is irresponsible & “the road to a banana republic.”
#Trump #DOJ #law #economy #FederalReserve #autocracy #despotism #dictatorship #tyranny #recession #trumpcession
https://www.cnbc.com/2026/01/12/yellen-says-powell-probe-extremely-chilling-for-fed-independence-market-should-be-concerned.html
Yellen’s comments come the day after #JeromePowell confirmed he’d been made aware that the #USAttorney’s Office in Washington, DC, is looking into whether the #CentralBank leader lied during testimony he provided to #Congress last June about an expensive renovation project at the Fed’s HQ. The office is led by #JeaninePirro, a #Trump confidante & fmr #FoxNews host.
The #DOJ has not confirmed the investigation into what would be perjury charges.
#JanetYellen bristled at the notion that #JeromePowell might have lied.
“Knowing Powell as well as I do, the odds that he would have lied are zero so I do believe they’re going after him because they want his seat & want him gone,” she said.
#Trump #RevengePolitics #DOJ #law #economy #independence #FederalReserve #autocracy #despotism #dictatorship #tyranny #recession #trumpcession
