• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Trump Considers Dismissing Powell, Sparked Financial Market Volatility

user avatar

by Giorgi Kostiuk

2 days ago


President Donald Trump's contemplation of removing Federal Reserve Chair Jerome Powell has led to heightened market volatility.

Trump's Monetary Policy Dispute with Powell Escalates

President Donald Trump has engaged in discussions with House Republicans regarding the potential dismissal of Federal Reserve Chair Jerome Powell. Trump's rationale is rooted in monetary policy disagreements and Fed expenses. He stated that he asked his colleagues, 'What do you think?' Almost all suggested that he should proceed with the dismissal. However, Trump noted, 'I'm more conservative than they are.' The ongoing debate over Powell's role amid these disagreements continues to influence economic perceptions.

Financial Volatility Amid Fed Leadership Uncertainty

The possibility of Powell's removal has induced volatility in financial markets, with Bitcoin and U.S. stocks feeling the pressure. Investor confidence is being tested by apprehensions regarding the potential loss of Fed independence.

Nixon Era Fed Challenges Parallels and Risks

Current events parallel similar instances from the Nixon era that led to financial crises. Historical precedents indicate that challenges to Fed leadership often disrupt market balance and investor sentiment. Increased risk aversion may emerge if these trends repeat, with experts suggesting a movement toward safe-haven assets amidst the uncertainty, potentially inhibiting cryptocurrency asset evaluations.

Trump's discussions about Powell's potential firing highlight the ongoing instability in financial markets and raise important questions regarding the future of monetary policy and its broader economic impact.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Overview of Cryptocurrencies in 2025: BONK, SHIB, and BlockDAG's Mobile Mining

chest

The 2025 crypto market sees BONK rising, SHIB poised for a breakout, and BlockDAG attracting attention with its mobile mining app.

user avatarGiorgi Kostiuk

Surge in Ripple XRP Price and Investment in Unilabs: New Horizons for the Crypto Market

chest

XRP reaches $3.65, Unilabs secures $10 million from investors. Analysis of current trends in the crypto market.

user avatarGiorgi Kostiuk

Shiba Inu Token Burning: How It Affects the Cryptocurrency Market

chest

Recent token burns for Shiba Inu increase investor interest and spark discussions on potential price impacts.

user avatarGiorgi Kostiuk

A Guide to Safe Crypto Gambling: From Choosing Casinos to Responsible Practices

chest

Explore the world of crypto gambling, its advantages and risks, and how to play safely while managing your finances.

user avatarGiorgi Kostiuk

Delay in XRP Case Explained by SEC Processes

chest

Former SEC official noted that the delay in the XRP case is related to internal commission processes, not secret negotiations.

user avatarGiorgi Kostiuk

Ethereum ETF Exceeds Bitcoin in US Market Investments

chest

Ethereum ETFs have surpassed Bitcoin for the first time in investments, marking increased institutional interest in Ethereum.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.