2025-12-30 14:28:08

BTC, ETH, BNB markets are once again stirring waves.

U.S. President Trump’s attitude towards Federal Reserve Chair Powell has sharply intensified. Recently, he sent a strong signal in public, openly stating that he "still very much wants to fire Powell," and even revealed that he is evaluating filing a lawsuit against him on the grounds of "gross misconduct." Concerns about the independence of the Federal Reserve are spreading rapidly.

On December 29, Trump was asked at a press conference at Mar-a-Lago about his choice for the next Federal Reserve Chair. He gave a rather vague answer — he "already has someone in mind," and the candidate has not changed, hinting that an announcement will be made at an appropriate time in January next year. The topic suddenly shifted, with direct criticism of Powell, saying he "should have resigned long ago." He also revealed that he had temporarily shelved the idea of dismissing Powell due to significant market volatility, but the thought has never truly disappeared.

Interestingly, Trump also mentioned a sky-high renovation project at the Federal Reserve, implying it could be used as a legal loophole, though he has not disclosed specific details, leaving much to the imagination.

The competition for the current successor has become fierce. Industry insiders generally favor Kevin Hasset, Director of the National Economic Council, while former board member Kevin Waugh is also a clear supporter of Trump. Current board members Waller, Bair, and BlackRock executives have also been named.

Ultimately, all conflicts point to the same issue: the pace of rate cuts. Trump believes Powell "always lags behind," and he hopes the new chair can significantly and quickly cut rates to lower mortgage rates and fully cooperate with the White House’s economic strategy. As the power struggle intensifies, the Federal Reserve’s policy direction is becoming a new source of uncertainty in the global markets.

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ETH-4.52%

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BlockchainDecoder

· 01-02 13:54

According to research, the impact of this wave of political games on liquidity expectations far exceeds surface interpretations. Data shows that once the Federal Reserve's independence is shaken, asset pricing logic must be reconstructed. It is worth noting that Trump's demand for "rapid rate cuts" essentially touches on the policy lag issue under the Keynesian framework—technically, this pressure could cause market pricing mechanisms to deviate from fundamentals, thereby amplifying volatility. As a highly sensitive asset class, the crypto market's response coefficient to macro policy expectations is obviously higher. Let's analyze calmly: the key variable is not whether Powell stays or leaves, but the policy inclination behind the new chair candidate. Names like Haskett and Wosh have surfaced, which actually reflect a deeper issue: where is the boundary between the Federal Reserve's independent decision-making and yielding to political pressure? Here's an interesting point—referring to literature on the evolution of Federal Reserve policies after 2008, excessive easing often lays the groundwork for the next asset bubble. Currently, market sentiment is overly optimistic, so caution is needed.

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AlwaysAnon

· 01-02 00:23

Powell's move is really going to end this time; as soon as the rate cut expectation emerges, the coins take off.

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ForkTongue

· 01-01 10:42

More political drama... I'm really fed up. When can I just focus on making contracts?

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GhostWalletSleuth

· 2025-12-30 14:58

Trump really wants to play hardball, this round of stress testing on the Federal Reserve is quite intense. The rate cut expectations are fully priced in, but this kind of political intervention feels unstable. I'm optimistic about Hasset's rise, but can the new chair really quickly loosen monetary policy? This is uncertain.

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GasWaster

· 2025-12-30 14:52

Now the Federal Reserve is doomed, Trump is really going to target Powell With rate cut expectations rising, the crypto market should take off again Oh my god, it's another political game, retail investors are just waiting to be cut Why is Powell so unlucky, caught in Trump's game Rapid rate cuts? Then the coin prices will skyrocket, let me get my small stool and wait The Fed's independence is gone, this is the real black swan No, Trump's tactics are a bit harsh, directly suing? The entire industry is trembling The new chairperson will most likely be obedient, then liquidity will explode Quick interruption, my ETH is already prepared Wait, does this mean there will be big moves in January next year? Hurry up and get on board

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BridgeJumper

· 2025-12-30 14:40

Wow, another change of the Federal Reserve Chair? Is this the pace of easing? Trump's move is brilliant, directly filing lawsuits and throwing out the outrageous renovation costs—absolutely ridiculous. If the rate cut expectations come true, our crypto circle will be the ultimate winner. Waiting to see the news in January next year, it feels like a real game-changer this time. Powell might be getting pushed out; the new chair will definitely be different.

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ChainMemeDealer

· 2025-12-30 14:40

As long as this rate cut drama isn't over, how can the crypto world be at peace? Another wave of political turmoil, ultimately it still depends on how the Federal Reserve plays its hand. Chairman Powell is really under immense pressure this time; Trump's tactics are quite ruthless. The hype about rate cut expectations is over; the real show begins next. Power transitions are actually opportunities for traders, right? Trump is very experienced in playing cards, but the independence of the Federal Reserve isn't that easy to manipulate. Using a costly renovation project as a legal breakthrough? That move is truly imaginative. Where will the money from the rate cut flow? That's what the crypto circle should keep a close eye on. Don't rush to like it yet; these uncertainties need to materialize to count. Talking about rapid rate cuts, once the door is opened, it's hard for the market to close it again.

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RadioShackKnight

· 2025-12-30 14:37

The expectation of rate cuts is back, time to hit the bottom again haha Trump's show is quite a rollercoaster, the crypto circle loves this kind of drama Why is Powell so unlucky, being grilled over the fire Just replace him quickly, the days of flooding the market are back Now it's really going to be easing, the bulls are alive again

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