{"podcast":{"title":"The Pomp Letter","slug":"the-pomp-letter-3932923","podcast_index_feed_id":3932923,"rss_url":"https://api.substack.com/feed/podcast/1383.rss","website_url":"https://pomp.substack.com/podcast","image_url":"https://substackcdn.com/feed/podcast/1383/5a0c0f85ec9ff238d6fd120bf0480d8a.jpg","author":"Anthony Pompliano","episode_count":521,"summary":"Pomp's daily newsletter breaking down Bitcoin, business, and macro trends before they hit mainstream media. Join 270,000+ subscribers by signing up below.","last_synced_at":"2026-07-16T04:18:34.961267+00:00","page_url":"https://stenobird.com/podcast/the-pomp-letter-3932923"},"episode":{"title":"Fed Chairman Under Fire: Taxpayer-Funded Luxury, DOJ Subpoenas, and Jerome Powell’s Defense","slug":"fed-chairman-under-fire-taxpayer-funded-luxury-doj-subpoenas-and-jerome-powell-s-defense","published_at":"2026-01-12T15:03:35+00:00","page_url":"https://stenobird.com/podcast/the-pomp-letter-3932923/fed-chairman-under-fire-taxpayer-funded-luxury-doj-subpoenas-and-jerome-powell-s-defense","show_page_url":"https://stenobird.com/podcast/the-pomp-letter-3932923","url":"https://pomp.substack.com/p/fed-chairman-under-fire-taxpayer","audio_url":"https://api.substack.com/feed/podcast/184315845/8fe5b6ba0dadc07fe7afe6e80655c20a.mp3","summary":"Today’s letter is brought to you by MoonPay ! Join over 30 million users who trust MoonPay as their universal crypto account. We make it easy to buy and sell crypto in over 180 countries , with no-to-low fees and all your favourite payment methods like Venmo, PayPal, Apple Pay, card and more. MoonPay is the only account you need in the DeFi ecosystem. Trade, stake and build your portfolio all in one place. Start now and get zero MoonPay fees* on your first transaction. To investors, News broke last night that the Department of Justice has opened an investigation into Federal Reserve Chairman Jerome Powell over comments he made while testifying about renovations to the Federal Reserve building. This development comes after months of disagreement about monetary policy between the Trump administration and the Federal Reserve. Before we get into what is likely to happen with this investigation and how it will impact the market, I want to remind everyone of the context. Background on Powell’s previous comments The investigation centers on whether Powell made false or misleading statements to Congress during his testimony before the Senate Banking Committee in June 2025. This testimony addressed the Federal Reserve’s ongoing multi-year renovation project for its headquarters buildings in Washington, D.C., which is estimated to cost around $2.5 billion and has experienced significant cost overruns (reportedly around $600-700 million). Key points of contention include: * Powell allegedly denied or downplayed the inclusion of certain luxury or non-essential features in the final project plans, such as private elevators, premium marble, water features/fountains, a VIP dining room, a rooftop terrace garden, and other upgrades. * These features appeared in earlier project document…","meta_description":"Today’s letter is brought to you by MoonPay ! Join over 30 million users who trust MoonPay as their universal crypto account. We make it easy to buy and s…","key_points":[],"chapters":[],"topics":[],"duration_seconds":389,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-pomp-letter-3932923/episodes/fed-chairman-under-fire-taxpayer-funded-luxury-doj-subpoenas-and-jerome-powell-s-defense/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-pomp-letter-3932923/fed-chairman-under-fire-taxpayer-funded-luxury-doj-subpoenas-and-jerome-powell-s-defense.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}