Donald Trump DOJ Investigates Jerome Powell Amid Fed Feud

#WashingtonDC, #USA
The DOJ is investigating Jerome Powell regarding property renovations as the USA Supreme Court reviews the legality of firing Lisa Cook from the Federal Reserve.Jerome Powell alleged that Donald Trump is using the probe to pressure the institution into lowering interest rates amid ongoing independence concerns.These legal challenges arise as JPMorgan analysts doubt that any rate cuts will occur in 2026 due to persistent inflation.
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