Trump once again threatens to "fire" Powell. Is this time for real?
The biggest financial suspense at the end of the year is who will lead the Federal Reserve. On December 30, Trump publicly declared his desire to "dismiss" current Fed Chair Powell, even mentioning the possibility of litigation, arguing that Powell should voluntarily resign.
This rhetoric isn't new. The same scenario played out back in July—threats followed by backtracking. What's the root cause? The Trump administration wants more aggressive rate cuts to stimulate economic growth, while Powell's Fed is much more cautious. Their views on policy direction are fundamentally on different wavelengths.
So, the question is—will a dismissal really happen?
From a legal and market perspective, directly firing the Fed Chair due to policy disagreements is called a "nuclear option" within the industry and is highly unlikely. What is more realistic? Trump is applying continuous pressure to set the stage for the next Chair appointment announced in January next year. This appears to be a carefully planned strategy of extreme pressure to anchor future policy directions.
What should the crypto community think?
In simple terms, regardless of personnel changes, the political pressure toward a looser monetary policy is already a settled matter. This year's end "personnel storm" seems exciting, but in fact, it makes the subsequent policy route clearer.
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MetaLord420
· 7h ago
It's the same old trick again. Rest assured, Powell is sitting firmly, the real show is yet to come.
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LiquidationWatcher
· 16h ago
It's the same old trick again. It was performed in July, and they're still doing it now. Do they really think we, the seasoned investors, have a bad memory?
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digital_archaeologist
· 16h ago
Haha, it's starting again. This routine happens every year.
Both interest rate cuts and layoffs are happening. Trump is paving the way for the crypto market.
Lawsuit? Legally, it doesn't hold up; it's just a pressure game.
The monetary easing policy has been confirmed, and that's what matters most to us.
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PhantomMiner
· 16h ago
Nuclear options are pure nonsense. Old Trump is just paving the way for the new chairman this time. Our coins still have to rely on loose policies to save us.
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GateUser-9f682d4c
· 16h ago
It's the same old trick again; the interest rate cut expectations are already set, it doesn't matter who replaces whom.
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WenMoon
· 17h ago
Isn't this just the old trick? Threatening with tough words to scare, but they really can't touch Powell.
Expect the next chair to be hawkish; the crypto world is about to take off.
Trump once again threatens to "fire" Powell. Is this time for real?
The biggest financial suspense at the end of the year is who will lead the Federal Reserve. On December 30, Trump publicly declared his desire to "dismiss" current Fed Chair Powell, even mentioning the possibility of litigation, arguing that Powell should voluntarily resign.
This rhetoric isn't new. The same scenario played out back in July—threats followed by backtracking. What's the root cause? The Trump administration wants more aggressive rate cuts to stimulate economic growth, while Powell's Fed is much more cautious. Their views on policy direction are fundamentally on different wavelengths.
So, the question is—will a dismissal really happen?
From a legal and market perspective, directly firing the Fed Chair due to policy disagreements is called a "nuclear option" within the industry and is highly unlikely. What is more realistic? Trump is applying continuous pressure to set the stage for the next Chair appointment announced in January next year. This appears to be a carefully planned strategy of extreme pressure to anchor future policy directions.
What should the crypto community think?
In simple terms, regardless of personnel changes, the political pressure toward a looser monetary policy is already a settled matter. This year's end "personnel storm" seems exciting, but in fact, it makes the subsequent policy route clearer.