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Treasury Secretary Warns: Federal Probe Into Fed Chairman Escalates, Powell May Refuse to Yield Power

U.S. Treasury Secretary Bessent recently issued an urgent warning to President Trump, stating that the federal investigation targeting Federal Reserve Chairman Powell "has gotten completely out of control" and could trigger market turmoil.

The investigation was launched unilaterally by the Washington prosecutor's office without prior notification to the Treasury Department, the White House, or senior officials at the Department of Justice. Bessent expressed clear dissatisfaction during a phone call, and Trump appears有意 to distance himself from the matter.

Insiders reveal that the Treasury Secretary initially expected Powell to step down upon the appointment of a new Fed chairman, but the current investigation has instead strengthened Powell's firm stance. "He is now likely to refuse to hand over power," insiders said.

Although Bessent did not question the necessity of the investigation or directly defend Powell, his stern warning underscores the seriousness of the situation. Financial markets have begun to worry about the erosion of the Fed's independence, reigniting debate over the boundary between politics and financial regulation.

As the transition period for Fed leadership approaches, this controversy is evolving into a sensitive issue that is rattling market nerves. $BTC $ETH $BNB #Strategy增持比特币

Everyone wants to catch the bottom, but when the market actually plunges into a abyss, all you hear around you are doomsday predictions, and your hands can't help but tremble. No one can buy at the absolute lowest point; you must endure prolonged losses, watching rebounds vanish again and again, your account balance fluctuating like a heartbeat— at that moment, you'll fiercely question yourself. So the gap between 'thinking' and 'doing' is precisely the fear that ordinary people must overcome. What truly tests you isn't your insight, but whether you can hold onto your trembling hands when no one believes anymore. $BNB $BTC $ETH #Strategy增持比特币 #Crypto Market Watch

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