Powell's Life-and-Death Battle! Is the Independence of the Federal Reserve in Crisis Tonight?
Focus Shift! Tonight Powell speaks, and the core issue is no longer banking regulations, but his fierce confrontation with Trump!
Trigger: The Federal Reserve's headquarters renovation budget skyrocketed from $1.9 billion to $2.5 billion! Trump is furious, pointing out 'something is fishy,' and even threatening to fire Powell!
Powell's Defense: The overspending is due to removing toxins, upgrading equipment, and rising costs (denying the construction of a restaurant), and the process is compliant! But Trump and Republican lawmakers are relentless: the Treasury Secretary has initiated a review! Lawmakers have already filed complaints with the Justice Department!
How will Powell respond tonight, and what will Trump do? We will see if the Federal Reserve can withstand the political storm⛈️
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