#TrumpVsPowell
Anthony Pompliano warned against the potential consequences of firing the Federal Reserve Chair, Jerome Powell, following Trump’s threat to do so. Pompliano believes that such a move would set a dangerous precedent, especially given the disagreement over interest rates. While agreeing that the Fed is not entirely independent, Pompliano emphasized that firing Powell over a policy difference would be a troubling response. US Senator Elizabeth Warren also raised concerns, suggesting that it could erode investor confidence and destabilize markets. Lower interest rates generally lead to increased liquidity, benefiting riskier assets like $BTC