🚨 BREAKING: U.S. Lawmaker Files Criminal Charges Against Fed Chair Jerome Powell
According to BlockBeats, U.S. Representative Anna Paulina Luna has officially filed criminal charges with the Department of Justice against Federal Reserve Chair Jerome Powell, alleging perjury.
📅 The charges relate to Powell’s testimony on June 25, 2025, before the Senate Banking Committee, regarding the renovation of the Fed’s Eccles Building.
🧾 Luna claims Powell falsely testified about the scope and cost of the renovation, initially reported as $1.9B, but now ballooned to $2.5B. Documents reviewed by congressional investigators reportedly contradict Powell’s statements — suggesting that the cost overruns are substantial, not minor as claimed.
⚖️ Perjury is a federal crime with penalties of up to 5 years in prison and fines.
🧠 Why This Matters to Markets:
Confidence in the Fed may be shaken — and that can ripple through financial markets.
Crypto investors watch macroeconomic credibility closely. This could affect sentiment around monetary policy, interest rates, and risk assets like BTC.
A political showdown involving the Fed could further fuel anti-central bank narratives — boosting decentralized assets.
👀 Is this the start of accountability or just political theater?
Drop your thoughts ⬇️
