Fed Chair Powell Faces Unverified Subpoena Rumors Amid Market Speculation
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Subpoena Rumors: The unverified claims regarding a DOJ grand jury subpoena targeting Fed Chair Powell have not been confirmed by official sources, potentially impacting financial markets despite the lack of supporting evidence.
- Independence Concerns: These rumors raise concerns about the Federal Reserve's independence, with analysts suggesting that interest rate decisions may be influenced by political factors, which could increase market volatility, although this remains speculative.
- Market Reactions: Industry responses emphasize the necessity for evidence-driven Federal Reserve policies, with reactions primarily focusing on broader implications rather than immediate effects, highlighting the importance of maintaining policy independence.
- Crypto Market Dynamics: Bitcoin is currently trading at $90,780.51 with a market cap of $1.81 trillion, having declined 1.19% over the past week, indicating that potential changes in Fed policy could significantly affect its future valuation.
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.






