🔥 Jerome Powell defends the renewal of $2.5B from the Fed in Washington D.C., in the face of harsh criticism from the White House 🚨.
🏛️ Powell asserts that it is a necessary investment to maintain key functions of the Central Bank 🏦.
💰 They accuse excessive spending and luxury, but Powell responds with transparency and rigorous oversight ✔️.
⚠️ Trump and allies do not rule out investigations and increase political pressure on Powell 👀.
🔑 The Fed insists on its independence while facing strong political tensions 📊.