[Powell: Investigated for Federal Reserve's interest rates being based on economic assessments, not political will] BlockBeats News, January 12, Federal Reserve Chairman Powell responded to being under criminal investigation. Powell stated that the U.S. Department of Justice threatened criminal prosecution last Friday over his testimony before the Senate in June last year, which involved the renovation project of the Federal Reserve headquarters building. A grand jury subpoena was delivered last Friday. The new threat is unrelated to his testimony or the renovation project and is merely an excuse. The potential criminal charges stem from the fact that the Federal Reserve's interest rates are based on economic assessments rather than political will. The key issue moving forward is whether the Federal Reserve's interest rate decisions will continue to be evidence-based or succumb to political influence and coercion. Powell emphasized that he has always performed his duties impartially and will continue to uphold this approach. While respecting the authority of the law, he noted that facing criminal charges is unprecedented and signals a broader threat from the current U.S. administration against the Federal Reserve.