💥🇺🇸 Jerome Powell Under Pressure!
Federal Reserve Chairman Jerome Powell is facing a wave of sharp criticism following revelations of overspending in the renovation project of the central bank building, which cost about 2.5 billion dollars! 😳
📌 Powell responded quickly and requested an official investigation from the inspector general, confirming that the spending was necessary to update the infrastructure and safety.
But the surprise?
⚠️ Trump administration officials are calling for his dismissal, opening the door to a political struggle that could shake the markets.
💬 Analysts warned:
"Dismissing Powell could lead to a collapse in the bond and currency markets!"
– According to Deutsche Bank.
Powell responds: "I will not resign… and I will complete my term until May 2026" 🎙️
👀 The crisis is growing, and the independence of the Fed is at stake.