Meme-Stock Traders Rally Behind Fed Chair Powell

Individual investors on social media platforms like Reddit's WallStreetBets are vocally supporting Federal Reserve Chair Jerome Powell after he accused the White House of using criminal probes to pressure the central bank.

Treasury Chief Warns Trump on Powell Probe Fallout

US Treasury Secretary Scott Bessent reportedly told President Trump that the criminal investigation into Fed Chair Jerome Powell could destabilize financial markets, expressing frustration over the unexpected probe.

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