#PowellVsTrump Here’s the latest update on Binance and the Powell vs Trump showdown:
🏛️ Binance & Trump Ties
SEC lawsuit dropped: In a significant shift, the SEC—now led by Trump-appointed chair Paul Atkins—dismissed its civil case against Binance and founder CZ on May 29, 2025, effectively with prejudice.
Political maneuvering: Binance is actively courting the Trump administration, seeking a pardon for CZ and pushing for US market re-entry. Talks include listing the Trump-backed stablecoin USD1 on Binance, and potential interest from Trump’s venture World Liberty Financial.
Crypto-friendly policy climate: Under Trump’s second term, the SEC paused lawsuits against major exchanges like Coinbase and Kraken. Trump has removed corporate monitorships and scaled back crypto enforcement—actions seen as part of a broader deregulatory agenda.
🔥 Trump vs Powell: Interest-Rate Clash
Fed holds rates steady (June 18, 2025): The Fed kept rates at 4.25–4.5%, despite Trump’s repeated demands for cuts.
Trump’s sharp criticism: Trump attacked Chair Powell on Truth Social and other platforms—calling him “stupid,” “real dummy,” and accusing him of costing America "billions".
Early chair nomination talk: Trump signaled plans to nominate Powell’s successor nearly a year ahead of term end (May 2026), heightening market concerns about Fed independence.
Dissent within Fed: Gov. Christopher Waller expressed openness to a rate cut, giving Trump fresh hope—but Powell remains firmly cautious.
📈 What It Means for Crypto & Markets
Crypto benefit: The regulatory easing and turmoil in traditional finance are bullish signals for digital assets—secure market re-entry for Binance, plus supportive SEC and Treasury policies.
Volatility risk: However, any abrupt Fed leadership change or political interference may unsettle financial markets. Some analysts warn of a potential flight into Bitcoin and Ethereum amid distrust of central banks.
#PowellVsTrump #ScalpingStrategy #USNationalDebt #Write2Earn $BNB $BTC $XRP