BREAKING: Federal prosecutors have reportedly launched a criminal investigation into Fed Chair Jerome Powell.

The investigation is reportedly focused on renovations of the Federal Reserve’s headquarters.

The investigation focuses on “the central bank’s renovation of its Washington headquarters and whether Mr. Powell lied to Congress about the scope of the project, according to officials briefed on the situation,” the New York Times reported.

“The president has threatened to fire the Fed chair … and raised the prospect of a lawsuit against him related to the $2.5 billion renovation, citing “incompetence.””

Back in July, Trump and Powell started arguing in front of the cameras over the cost of the project.

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

BREAKING:

Several Pahlavi supporters hit in a truck attack in Los Angeles.

The truck carried a banner saying “No Shah”

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

Imagine spendin your daily reach allowance on this JPEG

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

Got new watch

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

BREAKING: Silver prices surge above $83/oz as geopolitical tensions rise, now less than 1% away from a new record high

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

I’m sick and tired of this. ICE agents are being ambushed daily and NOTHING is being done about it.

Obstructing them is a federal crime! Why aren’t more people being arrested and prosecuted?

The Left is more emboldened every day they get away with this.

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

BREAKING: Jerome Powell releases statement on his possible criminal indictment

“Good evening.

On Friday, the Department of Justice served the Federal Reserve with grand jury subpoenas, threatening a criminal indictment related to my testimony before the Senate Banking Committee last June. That testimony concerned in part a multi-year project to renovate historic Federal Reserve office buildings.

I have deep respect for the rule of law and for accountability in our democracy. No one—certainly not the chair of the Federal Reserve—is above the law. But this unprecedented action should be seen in the broader context of the administration's threats and ongoing pressure.

This new threat is not about my testimony last June or about the renovation of the Federal Reserve buildings. It is not about Congress's oversight role; the Fed through testimony and other public disclosures made every effort to keep Congress informed about the renovation project. Those are pretexts. The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President.

This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions—or whether instead monetary policy will be directed by political pressure or intimidation.

I have served at the Federal Reserve under four administrations, Republicans and Democrats alike. In every case, I have carried out my duties without political fear or favor, focused solely on our mandate of price stability and maximum employment. Public service sometimes requires standing firm in the face of threats. I will continue to do the job the Senate confirmed me to do, with integrity and a commitment to serving the American people.

Thank you.”

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

PRESIDENT TRUMP:

If credit card companies do not lower interest rates to 10% by January 20th, "then they are in violation of the law, very severe things."

"They really abuse the public, I am not going to let it happen," Trump adds.

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

NOW - Trump on "absolute immunity" for ICE officer who shot Renee Good, "We have to respect our law enforcement. At a very minimum, that woman was very, very disrespectful... You can't do that with law enforcement, whether it's police or ICE or Border Patrol or anybody else."

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

Be honest, is Powell doing a good job?

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

On January 2nd, we posted the below alert for our premium members.

As gold fell into $4,300, we took a bullish setup as our first setup as the year.

Now, gold has crossed above our $4,600 for a massive gain.

Subscribe to access our alerts:

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

If Bitcoin follows silver, we top at $400,000 BTC in 2026.

Get Ready

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶

Marco Rubio got fired

🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶