BlockchainArch
The timeline reveals an intriguing sequence of events. On December 29, federal prosecutors reached out to the Federal Reserve seeking details for their ongoing investigation. That same day, President Trump made his position crystal clear: 'We're considering taking legal action against Powell. We'll likely be filing a lawsuit.' This convergence of timing—investigators pursuing information while political pressure mounts—underscores the complex interplay between regulatory bodies and executive influence shaping the crypto landscape. The investigation's scope and the simultaneous legal threats pa