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Is the Federal Reserve's independence crisis coming? How Trump's power struggle with Powell is stirring up the crypto world

Things have been pretty crazy this week—The Trump administration issued criminal investigation subpoenas to the Federal Reserve, ostensibly over a $2.5 billion headquarters renovation project, but industry insiders see through it immediately: this is political pressure.

Powell responded directly on Sunday. He made it very clear that the renovation funds are for asbestos removal and replacing century-old systems, not an overrun scam. The real issue lies here—The Fed cut interest rates by a total of 75 basis points last year, and the current rate is 3.5%-3.75%, yet Trump still finds it insufficiently aggressive.

What’s even more painful is that Powell was personally appointed by Trump in 2017, and now he's being called a "fool."
SOL2.97%
BTC0.7%
ZEC2.19%
TRUMP-3.13%
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VirtualRichDreamvip
· 4h ago
Powell got played this time. Your own people turned around and attacked you. This political game is really ruthless.
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SybilSlayervip
· 4h ago
Haha, Powell really shot himself in the foot this time. A former benefactor now directly turning against him. Trump's tactics are no longer a first; the future of the crypto market depends on how the Fed responds. Is a 75 basis point rate cut not aggressive enough? This guy seems to want to soar straight to the sky. The Federal Reserve's independence has been practically ground into the dirt; in the short term, does SOL and similar look more promising? I bet five dollars Trump will tweet again next week to criticize.
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FreeRidervip
· 4h ago
Haha, this is the daily life of the crypto world. When political struggles happen, the Federal Reserve always gets the blame. Trump's tactics are really clever; he took a building renovation fee as an excuse, basically just trying to force Powell to continue easing. Is Sol about to take off this time, or should we just keep watching the show? Powell was praised before, now he's called an idiot—typical politician flip-flopping. Is the rate cut not aggressive enough? Brother, are you trying to ruin the entire financial system? If the Federal Reserve really loses its independence, this market will go completely crazy.
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AirdropHermitvip
· 5h ago
Powell, this guy is really awkward. The person he chose is now turning around to criticize him. This political game is giving me a headache. Does Trump still want to continue cutting the leeks? Cutting interest rates by 75 basis points still isn't aggressive enough. Does he really want negative interest rates? By the way, has anyone analyzed how this affects Solana? It seems that SOL has been quite volatile recently. If the Federal Reserve's independence is truly gone, the crypto world will go crazy. When that happens, the printing presses will start... Powell is right. If the system isn't overhauled in a hundred years, are we just waiting for it to collapse? Focusing on renovation costs is really low. Can the Fed withstand this wave? It feels like BTC is about to take off.
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BearMarketBrovip
· 5h ago
Huh? Trump directly ordered the Fed to enforce violent law enforcement? What era are we in? --- Powell is tough, but now he's really offending the big boss. --- Cutting interest rates by 75 basis points is still too slow; is this guy trying to push rates to the ground? --- The person he chose is now calling him a "fool" in return, truly a public relations disaster. --- The crypto world has to play along with political dramas again, it's unbelievable. --- Looking at this situation, the independence of the Federal Reserve might be in jeopardy. Whether SOL can seize the opportunity to break through remains uncertain. --- The key is whether this is a real investigation or just superficial talk; it's exhausting.
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