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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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U.S. House members accused Fed Chairman Powell of allegedly committing perjury twice.
CoinVoice has learned that, according to a report by Fox News, U.S. House Representative Anna Paulina Luna has made criminal allegations to the Department of Justice, claiming that Fed Chairman Powell lied under oath twice. In her letter, Luna wrote: "On June 25, 2025, Powell testified under oath before the U.S. Senate Committee on Banking, Housing, and Urban Affairs regarding the renovation of the Fed's Eccles Building. In his statement, he made several significant false statements." Luna also stated: "Additionally, in a letter to Office of Management and Budget (OMB) Director Russell Vought, Powell indicated that the increase in project costs from $1.9 billion to $2.5 billion was negligible. However, documents reviewed by congressional investigators indicate that the scope and cost overruns of the project are fundamentally and substantially not trivial issues." Lying under oath can result in a maximum of 5 years in prison, in addition to fines. (Jin10)