Jerome Powell, the head of the Federal Reserve, has pushed back against an ongoing Department of Justice probe, arguing it represents interference in the central bank's autonomous decision-making process. His criticism underscores growing tensions between the DOJ and the Federal Reserve regarding investigations into central bank operations. Powell's stance emphasizes the critical importance of preserving the independence of monetary policy from external legal pressures. This development carries implications for financial markets broadly, including crypto market sentiment, as investor confidence in institutional stability and regulatory clarity remains a key factor shaping asset prices and market dynamics globally.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
DegenWhisperervip
· 12h ago
Here we go again with this routine? The bickering among the authorities, and in the end, it's us retail investors who suffer.
View OriginalReply0
MrRightClickvip
· 01-14 02:18
Powell's move this time is quite bold. If the central bank gets investigated to death by the DOJ, our wallets will be in trouble.
View OriginalReply0
PanicSeller69vip
· 01-12 23:37
Powell is defending the Federal Reserve, really considering himself a prince.
View OriginalReply0
NFTDreamervip
· 01-12 23:37
Powell, is he defending himself or truly safeguarding the independence of the central bank... it seems a bit suspicious.
View OriginalReply0
GateUser-44a00d6cvip
· 01-12 23:32
Here we go again, the Federal Reserve and the Department of Justice are clashing. These people are really idle... Independence, independence, sounds nice, but it's just each side wanting to have a say. The crypto market is about to be affected by this power struggle drama again.
View OriginalReply0
SeeYouInFourYearsvip
· 01-12 23:27
Coming to interfere with the central bank again? This trick is becoming more and more obvious, with the power balance under the guise of supervision...
View OriginalReply0
BuyHighSellLowvip
· 01-12 23:22
Powell is shifting the blame again? It's really just about the Fed's independence, huh? Sounds nice...
View OriginalReply0
NeverVoteOnDAOvip
· 01-12 23:09
Powell's move is to defend the Fed's independence, but if they really want to investigate, go ahead. Whether to invest or not is up to you.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)