Jerome Powell LIED under OATH to Congress

Jerome Powell lied under oath to Congress: luxury upgrades, political manipulation, and taxpayer betrayal

Amid America’s deepening economic turmoil, a shocking revelation has emerged: Federal Reserve Chairman Jerome Powell lied under oath to Congress. This is not just another bureaucratic scandal—it’s a clear sign of how elite institutions abuse their power, mislead the public, and use taxpayer money for self-enrichment, all while playing partisan games to keep Democrats in power.

In a recent congressional hearing, Powell testified about the $2.4 billion renovation of the Federal Reserve’s palatial Washington, D.C. headquarters. He explicitly told lawmakers that the budget did not include luxury features like private elevators for Federal Reserve governors, an exclusive dining hall, or a rooftop garden overlooking the capital.

But leaked documents and insider reports have confirmed the opposite: the renovation does include private elevators, a VIP dining area, and a luxurious rooftop garden. This directly contradicts Powell’s sworn testimony and proves he misled Congress on the use of taxpayer funds.

This isn't a clerical error. It's perjury—plain and simple. Powell knowingly concealed the truth about a project funded by American citizens during a time when millions are struggling to afford food, housing, and basic essentials due to inflation and economic instability—issues the Federal Reserve is supposed to help solve, not exploit.

To make matters worse, Powell’s Fed was reportedly prepared to cut interest rates just before the last election—at a time when inflation was higher than it is today. Why? To manufacture a short-term economic “boost” and increase Joe Biden’s chances of reelection. It didn’t work, but it exposed how the Federal Reserve has become a political tool rather than an impartial institution.

Now, despite economic indicators like inflation and unemployment justifying a rate cut, Powell and the Fed are holding back. The double standard is undeniable. Rate cuts were on the table when it benefited Biden. Now they’re off the table—because it might help his political opponents.

Powell’s lie under oath is more than just a scandal. It’s a flashing red warning sign that corruption and elitism have taken over the institutions meant to serve the American people. The Federal Reserve is no longer independent—it’s a partner of the leftist political establishment.

Congress must act. A full investigation is needed, and Powell must be held accountable. If any ordinary citizen lied under oath to Congress, they’d be prosecuted. Jerome Powell should be no exception.

The American people deserve truth, accountability, and a financial system that works for them—not against them.

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