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BREAKING: Federal Reserve Chair Jerome Powell just hired an extremely aggressive law firm in his criminal fight against Donald Trump. The firm is known for going “scorched earth” and fighting until the very end without settling.

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Federal Reserve Chair Jerome Powell has hired the prominent Washington law firm Williams & Connolly as outside counsel in response to an unprecedented criminal investigation launched by the Department of Justice into his congressional testimony regarding the central bank’s headquarters renovation project.

The move comes amid escalating tensions with President Donald Trump, who has repeatedly criticized Powell for resisting calls to slash interest rates aggressively.

The DOJ probe, announced last week, focuses on Powell’s June testimony before the Senate Banking Committee about cost overruns in the multibillion-dollar Fed building renovation—a matter Trump has seized on as evidence of mismanagement.

Sources familiar with the situation describe Williams & Connolly as a blue-chip firm renowned for its aggressive, no-compromise approach to high-stakes litigation.

The firm is known for pursuing cases to the end without quick settlements, often employing a “scorched earth” strategy that leaves opponents battered.

Powell disclosed the subpoenas and potential criminal indictment threats in a rare Sunday evening video statement, calling the investigation a “pretext” driven by political pressure rather than legitimate oversight concerns.

 

“The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President,” he said, vowing to continue his duties with integrity.

The hiring of Williams & Connolly—reported by outlets including The Wall Street Journal and echoed across social media—signals Powell’s intent to mount a vigorous defense.

Legal experts note the firm’s reputation for tenacious representation in politically charged cases, suggesting Powell anticipates a prolonged battle to protect the Fed’s independence.

The probe has drawn bipartisan criticism, with former Fed chairs and some Republican senators condemning it as an assault on central bank autonomy.

Powell’s term as chair ends in May, and speculation has grown about potential replacements amid the White House’s ongoing pressure campaign.

Neither the White House nor the DOJ has commented on Powell’s choice of counsel. The investigation remains in its early stages, with no charges filed.

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