2026-01-15 06:50:26

The Federal Reserve's power dynamics are surging, and Trump's attitude towards Powell has suddenly shifted.

Recently, Trump's remarks have attracted attention: although he has not explicitly called for Powell's removal, he hinted that "it's too early to draw conclusions," implying that personnel changes could happen within a few weeks. This directly ignited internal power struggles within the Federal Reserve.

The situation is even more complex. The Department of Justice is conducting a criminal investigation into Powell, involving a $2.5 billion renovation case. Powell denies all charges, calling it an "excuse for political pressure." However, Trump seems to support the investigation, even openly expressing favoritism towards hawkish figures like Wacht or Hasset, while ruling out the possibility of Treasury Secretary Bissett, mysteriously saying "both Kevins are excellent."

This series of actions has angered many. Republican senators and international officials have warned that political interference could undermine the independence of the central bank, ultimately threatening the global status of the dollar. Trump's response was more direct: "This has nothing to do with me," and he also claimed to understand the economy better than the "slow-moving" Powell.

A critical moment has arrived. Powell's chairmanship will end in May, but his board term extends until 2028. Whether he can leave unscathed remains uncertain. For the markets, the power transition within the Fed will directly influence the future direction of monetary policy. How will this game end? It relates to macroeconomic expectations for assets like $ETH, $DASH, $ZEN, and others.

ETH-0,29%

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liquidation_surfer

· 8h ago

Is Powell really going to be finished this time? Trump’s move was too dirty --- Basically, it’s a power game. It’s ridiculous how the crypto world follows the political fluctuations of the central bank --- We’ll see in May. It’s really hard to say how ETH will move then --- "Both Kevins are excellent"? So it’s a threat, haha --- Without the independence of the central bank, what’s the point of the dollar? But it definitely has a big impact on on-chain assets --- How difficult must Powell be feeling right now? Being investigated by the Department of Justice and also being subtly mocked by the President --- If this really blows up, the crypto market might face a huge upheaval

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SmartContractPlumber

· 8h ago

Political interference in the central bank... is as dangerous as having a permission control loophole in a contract. Once the independence line is broken, it triggers a chain reaction.

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WhaleShadow

· 8h ago

This script is really well written. Trump directly treats the central bank as his private property, hilarious. Powell really can't hold it together this time. Being caught between two sides and still pretending nothing's wrong. All the money has been poured in, now it's just waiting to see how the Fed's show will end. The fate of the crypto world is really in these people's hands. That line from Trump, "More knowledgeable about the economy than Powell," anyone with a brain can see it's a naked power play. The independence of the central bank has completely fallen apart. Is this really the prelude to a dollar crisis? Short-term fluctuations are inevitable. It all depends on what the situation looks like after May.

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LiquidityNinja

· 8h ago

This plot twist is too fast, is Powell about to be sidelined? Trump is starting to play power games again, the independence of the central bank will eventually be ruined. The crypto circle really can't understand the internal struggles of the Federal Reserve, but it feels like a major upheaval is coming. Has Powell's $2.5 billion case been dragging on for so long? Politics is just so dirty. Both Kevins are excellent🤔. The rhetoric is perfect, just missing the explicit statement of replacing someone. No wonder ETH has been so volatile recently, it's fundamentally because of the Federal Reserve's messy books. Political interference in the central bank? That destroys the entire financial order. Claiming to understand economics better than Powell? That confidence is a bit over the top... Let's wait until May to see the real situation. It's really hard to predict where the coin prices will go then. The independence of the central bank is being challenged, and in the long run, it's not very good for the US dollar.

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