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Jerome Powell’s days at the Federal Reserve are numbered, and this explosive segment from Next News Network’s RAW FEED with Gary Franchi reveals the shocking $2.5 billion scandal that’s forcing his exit. Sources inside the Fed are reporting Powell has already begun clearing his office, with resignation expected within 72 hours. The man who destroyed your ability to buy a home while building himself a palace is finally facing justice.
The bombshell dropped when Bill Pulte, Trump’s Federal Housing Director with decades of construction experience, demanded a forensic audit of the Fed’s mysterious $2.5 billion renovation. As Pulte told Gary: "Who spends $2.5 billion on a renovation? I couldn’t even think about how to do that. You’d have to put in movie theaters, spas, pools, hot tubs—crazy stuff." The project has a $900 million cost overrun, and Trump himself called it "one of the most expensive buildings in the world."
Trump didn’t hold back in the Oval Office, calling Powell a "numbskull" who’s "always wrong" and "always too late." The President revealed multiple candidates are already "begging for the job," saying it’s "probably the easiest job in government—you show up once a month and make a statement." When asked directly about firing Powell, Trump dropped a bomb: "If he wants to resign, that would be up to him. They say it would disrupt the market if I did. But there are many people who say he should be removed because of the fraud."
Representative Anna Paulina Luna confirmed what everyone’s thinking: "Jerome Powell’s firing is IMMINENT." She added that Powell "lied to Congress" and must be removed to "restore the home buying market." Treasury Secretary Scott Bessent revealed "a formal process has already started" to identify Powell’s replacement, with Trump himself suggesting Bessent might be the next Fed Chair.
But Powell’s palace isn’t the only corruption being exposed. NPR literally called the Declaration of Independence "offensive" in an editor’s note, warning readers it contains "offensive language." PBS’s CEO claimed there’s "no bias" in public broadcasting, yet studies show PBS used "far-right" labels 27 times more than "far-left" labels. Their own staff called Trump’s Mount Rushmore speech a "love letter to white resentment."
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Speaker Mike Johnson announced the death blow: NPR and PBS are being DEFUNDED. "This is misuse of taxpayer dollars. They’re biased reporting. They’re not objective. The people don’t need to fund that." The same media that takes your tax dollars to call your founding documents "offensive" is finally being cut off.
Gary Franchi connects the dots: While Americans can’t afford groceries, Powell spent $2.5 billion on "rooftop parks" and luxury renovations. While you struggle with 7% mortgages, he built monuments to Fed power. As Gary notes, "Every corrupt regime builds monuments to itself before falling. The Fed’s golden palace might just be their tomb."
The timing is everything. Powell crashed the housing market, destroyed purchasing power through inflation, then renovated his fortress. Trump revealed the real crime: "We should be paying three points lower and would save a trillion dollars a year in interest. All it takes is the stroke of a pen."
What makes this segment essential viewing is the convergence of scandals. Powell’s fraud, NPR/PBS propaganda, and the Fed’s century of control are all collapsing simultaneously. As one insider told Gary: "There’s enough there for cause to terminate him." The question isn’t if Powell resigns, but whether he jumps before he’s pushed.
Catch the whole RAW FEED live stream at https://youtu.be/zd1k3JegDR8