#PowellVsTrump 💲Trump Threatens to Replace Fed Chair Powell Over Interest Rates**
In fiery Truth Social posts, Donald Trump escalated his attacks on Federal Reserve Chair Jerome Powell, calling him a "stupid guy" and "Trump hater" while suggesting he may remove him if re-elected.
Key Points: ➡️➡️➡️
1.✅ Rate Cut Demands: Trump argues lowering interest rates to 1-2% could save the U.S. $1 trillion annually, claiming the economy is strong enough to justify cuts.
2. ✅Political Pressure: He blames Biden for keeping Powell in power and admits past attempts to influence Fed policy "politely."
3. ✅Market Uncertainty: The public feud highlights renewed tensions between politics and central bank independence, with potential implications for Bitcoin ($BTC) and risk assets.
⚠️Why It Matters:
- Trump’s threats challenge the Fed’s traditional autonomy.
- Rate-cut speculation could fuel market volatility ahead of the election.
- Crypto traders should monitor political risks to monetary policy.