๐จ THE FEDโS SHIELD JUST MELTED ๐บ๐ธ๐ฅ
For decades, the Federal Reserve was untouchable. Presidents complained, markets shouted, but the Fed stayed protected. Not anymore. Federal prosecutors have now pushed the door wide open.
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A Trump-appointed prosecutor, Jeanine Pirro, is leading a criminal probe against Fed Chair Jerome Powell, linked to alleged false statements about a $2.5 billion headquarters renovation that exploded by another $600 million. This is something the market has never seen before.
Powell is calling it โweaponized law,โ saying this is political pressure. But markets are reading it very differently. To investors, this looks like the end of Fed independence. The invisible wall between the White House and the money printer just collapsed. Once politics enters interest-rate decisions, everything changes โ bonds, stocks, the dollar, even global trust in the system.
This isnโt just about a building or testimony. Itโs about control. Who really decides rates now โ economic data or political power? That question alone is enough to shake markets. And the scary part? Once this line is crossed, itโs almost impossible to go back. ๐๐ฃ
