• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Trump Studies Potential Removal of Fed Chair Powell

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Key Points:

  • Trump evaluates firing Powell; potential market volatility.
  • Heightened risk sensitivity in crypto and equities.
  • Legal barriers challenge removal of Fed Chair.

president-trumps-consideration-of-jerome-powells-removal
President Trump’s Consideration of Jerome Powell’s Removal

Jerome Powell’s potential removal could threaten market stability, highlighting risks to Fed independence reminiscent of past tensions.

Presidential Review and Potential Market Impact

President Trump is scrutinizing whether he can legally remove Fed Chair Jerome Powell. Trump, who originally nominated Powell in 2017, has become critical of his management of interest rates. Kevin Hassett, the National Economic Council Director, confirmed ongoing discussions.

The removal of Powell would be unprecedented as legal agreements traditionally prevent a Fed Chair from being ousted for policy differences. Despite the hurdles, Trump’s public disapproval brings significant attention. “The President and his team will continue to study that matter,” said Hassett.

Related articles

Polymarket Predicts Bitcoin at $115,000 by July 2025

July 11, 2025

Robinhood Introduces Ethereum and Solana Staking in the U.S.

July 11, 2025

Market analysts anticipate volatility in response to any credible threats to Fed independence. Stocks and digital assets such as BTC and ETH could experience fluctuations inspired by uncertainty around central bank autonomy. Past tensions have seen similar risk-sensitive reactions.

The legal aspect is crucial, with court decisions like Humphrey’s Executor v. US limiting the basis for a Chair’s removal. If Powell is removed, broader market dynamics could shift, affecting investment strategies and asset valuations globally. Experts suggest closely monitoring the developments for potential instability in financial markets.

“Not permitted under the law.” — Jerome Powell, Fed Chair


Share76Tweet47

Related Posts

Polymarket Predicts Bitcoin at $115,000 by July 2025

by shark
July 11, 2025
0

Crypto prediction platform Polymarket suggests a 76% chance Bitcoin reaches $115,000 by July 2025.

Robinhood Introduces Ethereum and Solana Staking in the U.S.

by shark
July 11, 2025
0

Robinhood launches Ethereum and Solana staking for U.S. users, enhancing retail participation.

HSBC Conducts e-HKD+ Tests Across Multiple Blockchains

by shark
July 11, 2025
0

HSBC has conducted blockchain experiments under Project e-HKD+ guided by the Hong Kong Monetary Authority for their CBDC initiative.

U.S. Treasury Revokes 2024 Crypto Broker Reporting Rule

by shark
July 11, 2025
0

U.S. Treasury dismantles 2024 crypto broker reporting obligations, easing compliance burdens for DeFi platforms.

BNB Chain Executes 32nd Quarterly Token Burn

by shark
July 11, 2025
0

BNB Chain completes a substantial token burn, reducing supply by over 1.5M BNB, aiming for long-term deflationary effects.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Polymarket Predicts Bitcoin at $115,000 by July 2025
  • Robinhood Introduces Ethereum and Solana Staking in the U.S.
  • HSBC Conducts e-HKD+ Tests Across Multiple Blockchains
  • U.S. Treasury Revokes 2024 Crypto Broker Reporting Rule
  • BDAG Referral Rewards Push Presale Higher! XLM Technical Updates, BNB forecast Inside
  • BNB Chain Executes 32nd Quarterly Token Burn
  • GameSquare Completes Initial $5M Ethereum Purchase
  • KuCoin Passes Hacken’s Proof of Reserves Audit
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7