DOJ Subpoenas Fed Chair Powell, Raising Concerns Over Political Interference
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 12 2026- Political Interference Concerns: The DOJ's issuance of subpoenas to Fed Chair Powell raises significant questions about the independence of the Federal Reserve, indicating that political pressure could threaten market stability.
- Impact on Rate Policies: Powell emphasized that the subpoenas are linked to interest rate setting, suggesting underlying political motives that may undermine market confidence in the Fed's policies.
- Historical Precedents: Powell referenced past instances, notably during Nixon's era, where political pressures were similarly applied, underscoring the critical importance of policy independence for market stability.
- Crypto Market Reactions: Analysts warn that challenges to the Fed's autonomy could alter interest rate expectations, impacting both cryptocurrency markets and trust in fiat currencies, highlighting the profound influence of macroeconomic factors on market dynamics.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
