A commentary video published by voidzilla (@coffeezillaextras) highlights an extraordinary public statement attributed to Federal Reserve Chair Jerome Powell, who says the Justice Department has served the Federal Reserve with grand jury subpoenas and that he faces a potential criminal indictment threat linked to his Senate Banking Committee testimony. In the clip, Powell says the subpoenas relate to scrutiny of a Federal Reserve renovation project and alleged cost overruns—but argues the real issue is political pressure over interest rate policy decisions. (Source: YouTube – voidzilla (@coffeezillaextras), “He’s being threatened”.)
In the video, Powell frames the threat as a test of ...