Fed Boss Breaks Silence in Video, Citing Office Renovations as Crime Scene
KEY POINTS
- ā¢Jerome Powell released a rare video statement on January 2026, after the Fed received grand jury subpoenas.
- ā¢The subpoenas reportedly relate to Powell's June 2025 testimony on the Federal Reserve's renovation projects and political pressure on interest rates.
- ā¢Experts highlighted Powell's calm, direct video as a rare but strategic response amid intensifying scrutiny from Trump and the DOJ.
Jerome Powell, the usually stoic Federal Reserve Chair, dropped a rare two-minute YouTube video after revealing the Fed got grand jury subpoenas linked to his June testimony about Fed office makeovers. Apparently, Trump's crew used these renovations as political ammo to mess with interest rates! Powell, sporting steady eye contact and a stylish blue curtain backdrop, stressed his independence amid DOJ probes and Trump denials. His video not only racked up 875,000 views in less than 24 hours but also doubled as a viral chess move against Trumpās social media blitzkrieg. Experts say the visuals add a 'visceral' vibe, like he's personally calming you from the scary world of inflation and subpoenasāa modern courtroom drama powered by federal dollar duct tape and tik-tok tact.
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Source: Businessinsider | Published: 1/12/2026 | Author: Ana Altchek,Tim Paradis