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What is behind the criminal investigation into Jay Powell?
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Why This Matters
Federal Reserve Chair Jay Powell is under investigation for a $2.5 billion renovation of the central bank's headquarters, which he claims is a 'pretext' to limit the Fed's independence.
Market Impact
Market impact analysis based on bearish sentiment with 65% confidence.
Sentiment
Bearish
AI Confidence
65%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Federal Reserve chair says the probe relating to a $2.5bn renovation of HQ is a ‘pretext’ to rein in central bank’s independence
Original article published by
Financial Times
on January 12, 2026.
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Analysis and insights provided by AnalystMarkets AI.