Trump's 'Dismantle Powell' Plan Stalled, Supreme Court Makes Clear: Federal Reserve, Not for You to Manipulate!
This is not a TV drama, but a high-energy moment in the reality of American politics. The long-rumored 'Trump wants to fire Federal Reserve Chairman Powell' has finally reached a final ruling — the Supreme Court explicitly ruled: the Federal Reserve Chairman 'is not directly under the President's jurisdiction' and cannot be dismissed at will!
What does this mean?
Trump's fantasy of cutting off the rate hike faction has been shattered, Powell temporarily retains his position.
The Federal Reserve's 'quasi-private structure' is clearly defined, and its ability to resist political interference has been further upgraded.
The President's control over independent agencies has been precisely delineated, making reforms to executive power more difficult.
But this is not a complete victory; it is merely the prologue to a power struggle!
Although Trump has suffered a setback, he holds greater personnel power over more federal agencies; if he successfully wins re-election, he may reshape the power structure in key areas like the NLRB.
Liberal judge Kagan fires back: this is a 'tailor-made amulet for the Federal Reserve'! Perhaps Powell is safe today, but what about tomorrow?
What implications does this have for our crypto circle?
When Mr. VIX says 'the Supreme Court inadvertently acknowledges that America has entrusted the power to print money to an entity not accountable to the public', you know this is not just a simple legal clause — it's a deep contest between monetary sovereignty and the concentration of power!
Global markets are already focusing on the deeper meaning behind this ruling:
Is it to protect independence?
Or to conceal the 'irresponsible center' of financial elites?
In the short term, Powell is stable, and interest rate policy continues to be led by a 'quasi-independent' team;
In the long term, the collision of Trump's power ambitions and institutional independence has only just begun.
In this era where the credit of the global fiat currency system is gradually deconstructed, perhaps we should ask: who truly holds the 'key to printing money'?