🚨 Breaking: Powell May Resign Amid Trump Pressure



What’s happening: Reports today say Trump allies (e.g., Bill Pulte of FHFA) suggest Powell is considering stepping down before his term ends in May 2026 .

Why it matters: The rumor has rattled markets—yields are rising, and crypto traders are watching closely .

🏛️ Political Play: Fed HQ Renovation Used as Leverage

Trump is spotlighting a $2.5 billion Fed building revamp, calling it “ostentatious” and using it to justify pushing Powell out .

Legal experts warn firing Powell over policy would threaten Fed independence .

📈 Crypto Reaction: BTC Skyrockets

Bitcoin surged to new highs (~$117K–$118K), a direct response to Fed uncertainty and potential rate cuts wavering .

If Powell exits or signals easier policy ahead, crypto could jump +13–30%, according to analysts .

#breakingnews
BTC-0,85%
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CryptoLoverArtistvip
· 07-12 04:28
following back everyone, pls follow
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