š¢ Powell heads to Capitol Hill this week ā facing unprecedented rate-cut pressure.
š Tuesday 10 PM ET: Testimony to House
š Wednesday: Senate Banking Committee
š„ Whatās different this time?
š„ Trump & GOP push hard for immediate cuts
š¦ Sen. Elizabeth Warren joins in, urging lower rates
š§Ø Even inside the Fed, cracks appear: Bowman & Waller (both Trump appointees) support possible July cuts ā and are rumored successors.
š£ Could this week mark the end of the Fedās āpolitical independenceā?
Markets will hang on every word. šÆ