#PowellVsTrump heats up — Fed independence vs political play 🏛️
💥 Trump floated firing Powell—but quickly downplayed it as “highly unlikely” without fraud. Markets responded: dollar dipped, Treasury yields spiked, then calmed. 🚨
• Senate Republicans (Tillis, Kennedy) + JPMorgan’s Dimon warned political meddling could destabilize the economy.
• Binance strategists note volatility risk persists: track any renewed threats, legal angles (like the HQ renovation justification), and court developments.
• $XRP and broader crypto may see sharp spikes on FOMC updates or talk of Fed shake-up.
Trade smart: long if Trump intensifies, short if Fed signals caution.