Trump is again attacking Fed Chair Jerome Powell, saying “his termination can’t come fast enough.” Calling him slow and all that stuff. Reports say the White House is reviewing if they can actually remove him.
Let’s be real—Trump is a politician. He wants rate cuts because they pump markets and make the economy look strong under his leadership.
But Powell runs the Fed. His job isn’t to please any president. It’s to manage inflation, jobs, and economic stability—based on data, not political pressure.
If a sitting president forces out a Fed Chair just for not cutting rates, it would shake the foundation of how the U.S. central bank works.
🔸What does this mean for markets?
It could trigger short-term panic. Stocks would likely react first—and crypto would follow. Let’s not pretend crypto is decoupled. It still moves with risk assets, especially tech and equities.
This is not just drama. It’s a real test of the Fed’s independence#TrumpVsPowell