Steven Van Metre: Fed’s Powell Issues Dollar Crash Warning

In a shocking and unprecedented move, the US Justice Department has launched a legal attack on the independence of the Federal Reserve, subpoenaing Fed Chair Jerome Powell as part of an investigation into the Fed’s headquarters renovations. While the probe may seem innocuous on the surface, many experts believe it’s a thinly veiled attempt to pressure the Fed into altering its monetary policy decisions, particularly with regards to interest rates. The fallout from this development has been immediate and far-reaching, with the US dollar, stocks, and treasuries plummeting while gold and silver have surged to new highs. The implications of…