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U.S. Fed Faces DOJ Subpoenas, Powell Stands Firm

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The U.S. Federal Reserve being served with DOJ subpoenas while Powell vows to stand firm is striking. Personally, I think it reflects tension between oversight and independence. What surprises me is Powell’s unwavering stance amid scrutiny. For me, the most important aspect is credibility—markets depend on trust in institutions. I believe resilience in leadership is key to stability. In the end, this moment shows how governance and finance are inseparable.
 
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