Trump Confronts Powell at the Fed â Sparks Fly Over Interest Rates & Power Struggles đșđžâĄ
In a rare, unannounced visit to the Federal Reserve HQ, Donald Trump reportedly clashed with Chair Jerome Powell â pushing hard for aggressive rate cuts and calling out the Fedâs $2.5B renovation project.
đ Trump: âRates are too high â theyâre killing the economy.â
đïž Powell: Defended both the Fedâs independence and the renovation, citing safety and preservation.
đ Why This Moment Matters:
đïž Fed independence under political fire
đ Trump wants interest rates slashed by up to 3%
âł Powellâs term ends May 2026 â but pressure could mount for early changes
đ§ Markets may price in policy shifts or volatility ahead of the next FOMC
đĄ What This Could Mean for Crypto:
Lower rates = potential tailwind for risk assets like $BTC
Increased uncertainty = volatility spike
Political pressure on Fed = institutional caution
đ Your Turn:
Do you think Trump is right to push for rate cuts?
Could this showdown shift Fed policy â or even the direction of the markets?
Drop your thoughts below đ
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