Donald Trump

Jerome Powell

Reserve

<div class="key-points-section">
 <b>Key Points:</b>
 <ul>
  <li>Controversy surrounding Jerome Powell and Fed renovation finances.</li>
  <li>No criminal investigation substantiated by official sources.</li>
  <li>Renovation cost overruns and political pressures continue.</li>
 </ul>
</div>
<p>The Inspector General of the Federal Reserve is reviewing the extensive renovation of its Washington headquarters under Chairman Jerome H. Powell amid political scrutiny over the project's $2.5 billion budget.</p>
<p>The probe may affect Powell's leadership role, potentially impacting Federal Reserve policy, which could cause shifts in financial markets, including reactionary movements in cryptocurrency valuations.</p>
<h2 id="bitcoin-price-and-crypto-analysis-amid-political-tensions">Bitcoin Price and Crypto Analysis Amid Political Tensions</h2>
<p><strong>Jerome Powell meanwhile has requested</strong> an Inspector General review amid the high budget estimates of approximately <strong>$2.5 billion</strong>. According to Powell, "I have asked the Fed’s Inspector General (IG) to review the headquarters renovation project and its budget, amid criticism over costs." The over-budget figure of <strong>$700 million</strong> has heightened scrutiny but remains without criminal charges.</p>
<p>The <strong><a href="https://coincu.com/news/trump-fed-chair-nomination-impact/" rel="noopener noreferrer nofollow">political environment</a></strong> remains tense, with Donald Trump criticizing Powell's management. Powell has emphasized cost reductions, disputing claims of luxury add-ons. There is <a href="https://www.federalreserve.gov/faqs/building-project-faqs.htm" rel="noopener noreferrer nofollow">no official evidence</a> of a criminal investigation linked to the renovation project.</p>
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 <a href="https://twitter.com/pulte/status/1940436083495620653" rel="noopener noreferrer nofollow"></a>
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<h2 id="market-data-and-insights">Market Data and Insights</h2>
<p style="background-color: #222222; color: #ffffff; padding: 10px; border-radius: 5px;"><strong>Did you know?</strong> In past incidents, such as during the Nixon administration, political pressures on Fed leadership led to concerns over monetary policy, echoing today’s situation but lacking any criminal context.</p>
<p><strong>Bitcoin (BTC) remains steady</strong> at $90,709.39 despite macroeconomic concerns. Over the last 90 days, BTC has seen a decline of 21.29%, while the 24-hour trading volume surged by 40.80%. These figures highlight ongoing market volatility. Data: CoinMarketCap.</p>
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 <a href="https://coincu.com/wp-content/uploads/2026/01/Bitcoin-daily-chart-on-0011-UTC-on-January-12-2026file.jpeg" rel="noopener noreferrer nofollow"> <img src="https://coincu.com/wp-content/uploads/2026/01/Bitcoin-daily-chart-on-0011-UTC-on-January-12-2026file.jpeg" alt="bitcoin-daily-chart-5575"> </a>
 <figcaption>
  Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 00:11 UTC on January 12, 2026. <em>Source: <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener noreferrer">CoinMarketCap</a></em>
 </figcaption>
</figure>
<p><strong>Coincu analysts suggest</strong> that while macro-political pressures persist, they may have a limited direct impact on crypto valuations, which remain closely tied to broader financial indicators and regulatory developments targeting digital assets globally.</p>
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on<a href="https://coincu.com/" rel="noopener noreferrer nofollow"> this website</a> is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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</figure> <a href="https://coincu.com/uncategorized/fed-renovation-powell-controversy/" rel="noopener noreferrer nofollow">Read original article on coincu.com</a>

No Criminal Investigation Against Fed Chair Powell Confirmed

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