🚨 FED EMERGENCY ALERT: TRUMP VS LISA COOK
A dispute within the Federal Reserve has once again gained momentum.
Lisa Cook has returned to rejecting the mortgage-fraud accusations made by the Trump administration. In a letter sent to the White House, her lawyers said the allegations are unfounded and that there is no legal basis to remove her from the Fed.
The most important point for the market goes beyond Cook herself: the independence of the Federal Reserve.
In June, the Supreme Court blocked Cook’s immediate removal and ruled that she must be given notice and the opportunity to challenge the accusations. Now, a new attempt to remove her could lead to yet another legal battle.
📊 My take: the greater the political pressure on the Fed, the more attention the markets will pay to interest rates, the dollar, gold, and especially Bitcoin. Any sign of interference in monetary policy could significantly increase volatility.
For now, I would avoid emotional decisions. A nervous market calls for strategy, not FOMO. 👀
$BICO $MOVR $CVX
#Fed #TRUMP #Fed #NEW #economy
A dispute within the Federal Reserve has once again gained momentum.
Lisa Cook has returned to rejecting the mortgage-fraud accusations made by the Trump administration. In a letter sent to the White House, her lawyers said the allegations are unfounded and that there is no legal basis to remove her from the Fed.
The most important point for the market goes beyond Cook herself: the independence of the Federal Reserve.
In June, the Supreme Court blocked Cook’s immediate removal and ruled that she must be given notice and the opportunity to challenge the accusations. Now, a new attempt to remove her could lead to yet another legal battle.
📊 My take: the greater the political pressure on the Fed, the more attention the markets will pay to interest rates, the dollar, gold, and especially Bitcoin. Any sign of interference in monetary policy could significantly increase volatility.
For now, I would avoid emotional decisions. A nervous market calls for strategy, not FOMO. 👀
$BICO $MOVR $CVX
#Fed #TRUMP #Fed #NEW #economy
