Encryption investor Anthony Prompian has recently accused Trump’s threat to President Trump’s recent Fed Chairman Jerome Powell, and that movement will undermine the Fed’s institutional independence and especially offer the world’s trust in Bitcoin, stocks and the US economy. I warned.
“I do not believe that the US president should come to the Fed president and unilaterally be fired,” he said. “The idea of firing the Fed Chairman is a very bad precedent to set it in this way.”
Poliane’s opinion called Powell about Trump’s not soon cutting interest rates on his true social post. He pointed out that the Fed has already seen politically to some people, and that firing Powell can make work worse.
We do not sacrifice independence for encryption profits
Anthony says it’s wrong to fight wrong with more faults, despite being a critic of the Fed. He stressed that protecting the Fed’s independence is more important than short -term profit. He emphasized that interest rate cuts often admitted that they would increase the encryption market, especially Bitcoin, but they should not benefit from the cost of damaging major financial institutions.
Senator Warren said the market could collide.
Senator Elizabeth Warren also warned that firing the Fed Chairman could seriously harm investors’ trust and collide with the market. She said in an interview with CNBC that if the Fed seems to be controlled by the president, it can harm the US economy and make the United States look like other “two -bit dictatorship” instead of stable democracy.
“The big part of our economy is strong, and the big part of the world economy is that big pieces move independently of politics.” Warren said while appearing in CNBC.
Pompiano agreed to concerns and warned that such movements set up a dangerous precedent that future monetary policy decisions could be led by politics rather than data. Investors can be serious if the Fed begins to believe that the Fed is no longer fair, he said.
The climate is changing!
Earlier this week, Powell was a time to present a clear rules for Stay Blemoin, and the digital assets were recognized as firmly firm for the Fed’s radar. He said in a speech by the Chicago Economic Club that “the climate is changing.”
Trump and some Republicans have renewed the pressure to remove Powell from a cautious position on interest rates. The last cut of the Fed in December 2024. POWELL claims that it is seeing clear signs of falling inflation before any movement, but Trump is concerned that other central banks, such as the ECB, have already cut the law several times in 2025.
Opportunity for Bitcoin?
At the same time, experts believe that if the US dollar weakens due to uncertainty, it can actually help Bitcoin. They believe that weak dollars can lead to more people to invest in passwords to protect money.
Pompiano warned that this would undermine the Fed’s independence and especially in Bitcoin and Global Markets.
Trump criticized Powell for not sufficiently reducing interest rates and frustrated that other central banks had already cut.