Federal prosecutors have opened a criminal investigation of Federal Reserve Chair Jerome Powell over his testimony about the central bank's $2.5 billion renovation of its headquarters in DC. Powell called the threat of criminal charges a result of the Federal Reserve not setting interest rate "following the preferences of the president." CNN's Elisabeth Buchwald reports. Read more: https://cnn.it/49nbnus | CNN
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A former World Bank president has sounded the alarm, revealing that the Federal Reserve has lost over a trillion dollars—and counting—turning it into nothing more than a massive hedge fund for the rich and powerful.He claims the Fed is borrowing money from banks at 5.4% interest, then pouring it into government bonds, creating the illusion that the government’s financial situation is better than it actually is.He warns that this scheme isn’t just limited to the U.S.—it’s happening across central
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