Express

US House Representative Accuses Federal Reserve Chairman Powell of Perjury Twice

Summary: According to Fox News, US House Representative Anna Paulina Luna has filed criminal charges with the Department of Justice, alleging that Federal Reserve Chairman Powell committed perjury twice. In a letter, Luna stated that on June 25, 2025, Powell testified under oath before the Senate Banking, Housing, and Urban Affairs Committee regarding the renovation of ...

According to Fox News, US House Representative Anna Paulina Luna has filed criminal charges with the Department of Justice, alleging that Federal Reserve Chairman Powell committed perjury twice.

In a letter, Luna stated that on June 25, 2025, Powell testified under oath before the Senate Banking, Housing, and Urban Affairs Committee regarding the renovation of the Eccles Building. In his statement, he made several significant false statements.

Luna also mentioned that in a letter to the Director of the Office of Management and Budget (OMB) Russell Vought, Powell claimed that the increase in the project's cost from $1.9 billion to $2.5 billion was insignificant. However, documents reviewed by congressional investigators indicate that the scope and cost overruns of this project are not minor issues in essence and substance. Perjury carries a penalty of fines and up to 5 years in prison.

Last Update:

Tags:
Link: US House Representative Accuses Federal Reserve Chairman Powell of Perjury Twice   [Copy]
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 2 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 7 days ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 21 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 28 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules September 5, 2025
  • You need to login to comment.