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Political Payback or Perjury? Jerome Powell Under Criminal Investigation Over $2.5B Fed Renovation

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Powell explicitly denied these claims, stating, “There’s no new marble… no special elevators… no beehives, and no roof garden terraces.”

the staff of the Ridgewood blog

Washington DC, In a move that has sent shockwaves through the global financial markets, the U.S. Department of Justice has officially launched a criminal investigation into Federal Reserve Chair Jerome Powell.

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Historic Shake-Up at the Fed: Lisa Cook Sues Trump Over Firing as DOJ Probes Mortgage Fraud Allegations

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the staff of the Ridgewood blog

WASHINGTON, D.C. — In a historic first for the Federal Reserve, Board Governor Lisa Cook announced she is filing a lawsuit to challenge her dismissal by President Donald Trump, marking the first-ever termination of a Fed governor in the central bank’s 111-year history.

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Is Jerome Powell’s Rate Freeze a Political Move Against Trump’s Economic Agenda?

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the staff of the Ridgewood blog

Wall Street NY, in the high-stakes world of U.S. monetary policy, Federal Reserve Chair Jerome Powell has built a reputation as a cautious decision-maker—balancing the twin mandates of controlling inflation and supporting employment. But as President Donald Trump’s economic vision—fueled by aggressive tariffs and growth-oriented policies—advances, Powell’s refusal to cut interest rates is sparking fresh speculation: Is this really about economics, or is politics creeping into the Fed’s decisions?

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