Powell cited the DOJ’s criminal investigation into the Fed’s headquarters renovation and DC Attorney Jeanine Pirro’s public warning that she would “not hesitate to restart” the probe as his reasons for staying on the board.The FOMC meeting produced four dissents, the most divided Fed vote since October 1992, with three members wanting the easing bias removed from the statement and one wanting an immediate rate cut.Bitcoin dropped from $77,000 to $74,914 following Powell’s announcement, Bitcoin ETFs logged $137.77 million in outflows snapping a nine-day inflow streak, and rate cut odds for 2026 collapsed sharply.