A Fed Nightmare Is Suddenly Coming True Just As Bitcoin Hits Another All-Time High Price
2025-07-15 12:02:43
Main Idea
Federal Reserve Chair Jerome Powell faces increasing pressure from the Trump administration over interest rate policies, with speculation about his potential removal, while Bitcoin continues to hit record highs.
Key Points
1. Federal Reserve Chair Jerome Powell is under pressure from President Donald Trump, who has criticized Powell's handling of interest rates and raised the possibility of 'regime change' at the Fed.
2. Trump's administration is investigating the Fed's $2.5 billion operations, with reports suggesting Powell has sought advice from the National Economic Council director.
3. Former Fed governor Kevin Warsh, a potential replacement for Powell, has criticized the Fed, calling for a 'regime change' and stating the institution 'has lost its way.'
4. Prediction markets on PolyMarket show increasing odds (from under 10% to over 20%) of Trump removing Powell from his position.
5. Bitcoin has reached new all-time highs in 2025, countering claims that its previous rise was solely due to zero interest rate policies post-2008 financial crisis.
6. Trump has renewed attacks on Powell as U.S. debt surpasses $37 trillion, labeling him a 'moron' and criticizing Fed policies for costing $1 trillion annually in interest payments.
Description
Trump is threatening to create a Federal Reserve independence nightmare for markets as the bitcoin price hits an all-time high...
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