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Published on 13 Jan 2026 / In
News & Politics
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A major confrontation is unfolding between the Trump Admin and the Federal Reserve.
Federal Reserve Chair Jerome Powell issued a rare statement this weekend in response to subpoenas and threats of criminal charges from the Department of Justice, tied to his testimony before Congress last year about a multi-billion dollar renovation of Fed buildings in Washington, D.C.
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"The Fed"
The Federal Reserve?
That organization that is neither "Federal" (not a United States Federal Government institution) nor (with fractional lending, fiat currency, etc) an actual "Reserve" ?