The Trump White House is attempting to distance itself from a Department of Justice investigation into Federal Reserve Chairman Jerome Powell, as Democrats predictably cry "political retribution" and warn about threats to Fed independence.
The DOJ probe, which surfaced over the weekend, has sent shockwaves through financial markets and political circles alike. Powell, whose term expires later this year, has become a lightning rod for criticism over his handling of monetary policy during the Biden years.
Powell Fights Back, Claims White House Intimidation
In a defensive move that reeks of Deep State pushback, Powell released a statement denying any wrongdoing. But here's where it gets interesting, Patriots - according to financial analyst @Halpin_Wealth on social media, "Powell released a statement denying any wrongdoing and stating that the case is part of a series of threats made by the Whitehouse in an effort to undermine Fed independence."
So let me get this straight - the man who helped oversee the economic disasters of recent years is now claiming he's the victim? This is exactly the kind of unaccountable bureaucrat nonsense that Trump promised to drain from the swamp.
"Powell is due to be replaced later this year so it is unclear how markets will react," the analyst noted, highlighting the uncertainty gripping Wall Street.
Deep State Corruption Runs Deep
What's truly telling is how quickly the establishment is circling the wagons. Social media is buzzing with concerns about corruption throughout the federal apparatus, with one user @DawgzRuul pointing to "Massive corruption" and questioning whether "the @FBI and @DOJ have completely deleted all the evidence" in related matters.
This raises serious questions: How long has the Federal Reserve been operating without proper oversight? And why are Democrats so quick to defend Powell when they should be demanding transparency?
The Bottom Line
While the White House maintains its distance, Patriots should ask themselves - isn't this exactly what we voted for? Accountability for the unelected bureaucrats who've been running America into the ground? Powell's Fed helped enable the inflation crisis that crushed working families. Now he wants to cry victim when faced with legitimate scrutiny?
The American people deserve answers, not more Deep State deflection.