2026-01-19 20:43:49

Jerome Powell Takes Stand in Historic Supreme Court Showdown

The Federal Reserve Chair made a bold move Wednesday—personally showing up at the Supreme Court to defend against President Trump's push to remove Fed governor Lisa Cook. It's rare to see Powell in the courtroom like this, signaling how serious things have gotten.

The case centers on one fundamental question: Can the sitting president actually fire Federal Reserve officials at will? The answer could reshape how monetary policy gets made and handled. For crypto markets and traders tracking Fed decisions, this matters. Shifts in Fed leadership directly ripple through Bitcoin, Ethereum, and the broader digital asset space.

Powell's presence underscores the stakes. A ruling favoring Trump could give presidents greater control over monetary policy independence—something that's been a cornerstone of modern finance for decades. Conversely, the court might reaffirm that Fed governors serve fixed terms for a reason.

Keep your eyes on this one. Whatever the Supreme Court decides could influence interest rates, inflation policy, and ultimately, how the Fed steers the economy through 2025 and beyond.

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RugResistant

· 6h ago

Powell is really anxious... Otherwise, why would he personally go to court? The fate of the crypto world depends on this case. Alright, finally someone is standing up to Trump directly, but we don't know how the court will rule. Honestly, this matter is just a power struggle, regardless of our coins' survival. If the Supreme Court really rules in favor of Trump... monetary policy will become a mess, and no matter how you trade BTC, it won't help. Powell is here, and you can see how big this is. Just waiting for the verdict, everyone.

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BoredRiceBall

· 6h ago

Powell testifies in person? This guy is really getting anxious, the crypto world is about to change.

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ImpermanentLossEnjoyer

· 6h ago

Powell personally testified in court, this matter is really not that simple Now the crypto world has to be on high alert, the personnel struggles within the Federal Reserve directly affect our wallets If Trump can really hire and fire at will, wouldn't that undermine the independence of the Fed? Once interest rate policies are politically manipulated, the future direction of BTC becomes even harder to predict... Just wait, this court ruling could be a major turning point for crypto prices before the end of the year When can we stop relying on guessing Fed's intentions to trade? I'm exhausted The Supreme Court's move is a bit ruthless, it feels like rewriting the rules of the American financial game

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SigmaBrain

· 6h ago

Powell is really going all out; the crypto world is about to change. Honestly, if the president's dismissal of Fed officials becomes common, Bitcoin might take off. Will Lisa Cook be retained or removed... that will determine the direction of the crypto market in . No, no, the key is whether the central bank's independence still exists—that's the real issue. I think in the end, the courts will probably block it; otherwise, the economy will get even more chaotic. Let's wait and see—once this lawsuit is settled, BTC will either double or be halved...

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