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#数字资产市场动态 $PEPE $DOGE holders have recently been paying close attention to a major event—Federal Reserve Chair Powell is in trouble.
Here's what happened: Republican Congressman French Hill revealed that a grand jury from the Department of Justice has issued a subpoena for Powell’s congressional testimony last June regarding the renovation costs of the Federal Reserve headquarters building, on charges of "perjury." If this is confirmed, Powell might have to miss the upcoming statutory semi-annual congressional hearing in February.
How serious is this? The current Fed Chair missing a congressional hearing due to a criminal investigation—this has never happened in Fed history. Congress is already in an uproar. Republican Senator Tom Tillis even issued a stern warning that he will block all new Fed nominations until the investigation is resolved. Members of both parties are expressing "serious concern" over the Department of Justice’s actions, and the political atmosphere in Washington is growing more tense.
For traders, the most heartbreaking part is this: if Powell really misses the meeting, the key policy window in February will be lost. The Fed’s policy signals are already prone to triggering market volatility, and now this sudden potential signal loss means markets will have to guess in a fog of policy uncertainty—volatility risks are skyrocketing. Historically, whenever a central bank’s key figures become entangled in legal disputes, market pricing mechanisms tend to break down.
The Fed spokesperson is also silent for now. Wall Street’s nerves are already on edge, and every news update could trigger a chain reaction. Let’s see how things unfold next.