Trump just publicly called for Powell's resignation over the Fed HQ renovation drama đą
He's mobilizing AG Todd Blanche to review an inspector general report showing massive project management failures and costs hitting $2.5B+
This isn't just about a building. It's about control of the Fed chair before critical rate decisions. Powell's term doesn't end until 2026 but Trump wants him out NOW.
Market implications:
- If Powell gets pressured out â massive uncertainty for $BTC and risk assets
- Fed independence narrative is getting tested in real-time
- Rate cut expectations could get completely repriced
Watch DXY and $BTC correlation closely. Political pressure on central banks = volatility incoming đ
He's mobilizing AG Todd Blanche to review an inspector general report showing massive project management failures and costs hitting $2.5B+
This isn't just about a building. It's about control of the Fed chair before critical rate decisions. Powell's term doesn't end until 2026 but Trump wants him out NOW.
Market implications:
- If Powell gets pressured out â massive uncertainty for $BTC and risk assets
- Fed independence narrative is getting tested in real-time
- Rate cut expectations could get completely repriced
Watch DXY and $BTC correlation closely. Political pressure on central banks = volatility incoming đ