Will Trump Fire Fed Chairman Jerome Powell? Warren

Will Trump Fire Fed Chairman Jerome Powell? Warren Warns of Coming Market Crash

Bitcoin's 2025 Boom Crashed by Tariff and Regulatory Delays, Now Can't Get Above $84K

Trump's Attacks on Fed Chairman Powell Over Interest Rates Stir Market Jitters

Senator Warren Surprisingly Defends the Fed's Independence from Political Interference to Protect the Economy

The Cryptocurrency Market Was Expected to Boom in 2025, But Things Have Changed. Bitcoin Jumped to $109K After Donald Trump's Inauguration, Raising Hopes for Another Rise. But the excitement was short-lived. Tariff and Regulatory Delays Concerns in Cryptocurrency Quickly Squeezed Prices.

Now, as Bitcoin struggles to stay above $84,000, a new wave of uncertainty is hitting the market, and it’s coming straight from the White House.

Trump’s latest attack on Federal Reserve Chairman Jerome Powell could shake the foundations of investor confidence. And in a market already on edge, that kind of pressure is the last thing anyone wants. Here’s what’s happening.

Warren Defends Powell

In a surprising move, Senator Elizabeth Warren, a frequent critic of Wall Street and the Fed, has come to Powell’s defense, albeit only partially. Speaking on CNBC, she said she still disagrees with many of Powell’s policies, but stressed that protecting the Fed’s independence is critical to the U.S. economy.

“If Chairman Powell can be fired by the President of the United States, that would bring down the markets,” Warren said bluntly from the New York Stock Exchange.

Her warning: The Fed must remain free of political pressure, or global investors could lose faith in the U.S. system, comparing it to “any other worthless dictatorship.”

Trump slams Powell

On Thursday, Trump posted on Truth Social, calling Powell “always TOO LATE AND WRONG” and saying “his firing can’t come soon enough.”

A senior White House official later clarified that it was not a formal attempt to fire Powell. Still, the harsh tone rattled markets and alarmed lawmakers.

Powell has previously said the president can’t fire the Fed chair without cause — and so far, no legal action has been taken.

Interest Rates, Tariffs, and Market Risk

During the Biden administration, the Fed has aggressively raised interest rates to combat post-pandemic inflation. While rate cuts are set to begin in 2024, Powell recently signaled he’s in no rush to cut further — especially with Trump’s evolving tariff plans creating more uncertainty.

Trump briefly calmed markets with a 90-day pause on new tariffs. But when that pause ends, renewed trade tensions could trigger another market downturn. If Trump also tries to remove Powell, things could get worse. Several senior senators have warned that doing so would only add to the volatility.

Markets are already sensitive to cues from the Fed and political headlines. If the White House were to interfere with the Fed’s independence, it could do more than shake investor confidence. It could undermine trust in the U.S. financial system itself.

#Share Your Everyday Crypto Life with Us#Win 200 USDT: Hit May's Interaction Leaderboard#Join the Egg Fun: Share Your Creativity!#Justin Sun Featured on Forbes Cover#SunPump ignites the Tron Meme craze

1Bagikan

Semua Komentar0TerkiniHangat

TerkiniHangat

Tidak ada catatan

Will Trump Fire Fed Chairman Jerome Powell? Warren

Semua Komentar0TerkiniHangat

Topik Trending