Crypto Banter Trump Threatens Powell With Criminal Action! [What This Means For Bitcoin]
Jan 13, 2026
Tensions between Donald Trump and Fed Chair Jerome Powell have escalated into potential legal action. Federal prosecutors have issued subpoenas regarding Powell's Senate testimony, raising concerns about perjury. The implications of this confrontation could destabilize the Federal Reserve's independence, affecting monetary policy and market reactions. Bitcoin's muted response to these political threats surprises many, while commodities like gold, silver, and copper rally in reaction. The discussion also highlights how political events tie into a broader commodity super cycle.
AI Snips
Chapters
Transcript
Episode notes
Subpoenas Stem From Powell's Senate Testimony
- Ran Neuner explains DOJ subpoenas to the Fed chair stem from Powell's June 2025 Senate testimony about renovations.
- The probe centers on alleged false statements under oath, not the renovation's cost drivers.
Testimony Exchanges Could Trigger Perjury Claims
- Ran walks through the Senate exchange where Powell denied lavish renovation features under oath and senators produced planning pages.
- Neuner highlights that those exchanges could form the basis for perjury allegations.
Powell Frames Probe As Political Attack
- Powell publicly framed the subpoenas as political retaliation for resisting pressure to cut rates.
- Ran notes this is the first overt, confrontational defense of Fed independence from Powell.