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The Node: Inside the Shocking Plot to Oust Powell

The Node: Inside the Shocking Plot to Oust Powell

Author:
Coindesk
Published:
2025-07-16 19:38:07
13
2

The Node: The Plot to Fire Powell

Fed Chair Jerome Powell finds himself in the crosshairs of a political storm—and the knives are out.

Behind closed doors, whispers of a coordinated effort to remove Powell from his post are growing louder. Sources suggest this isn’t just bureaucratic infighting—it’s a calculated power play with market-shaking implications.

Why now? With inflation still sticky and rate cuts stalled, tensions between the Fed and the White House have reached a boiling point. Some see Powell as too cautious; others accuse him of overreach. Either way, his days may be numbered.

Wall Street’s take? ‘Typical D.C. theater—just another distraction from the real economic mess.’ Meanwhile, crypto markets barely blinked. After all, decentralized finance doesn’t wait for Fed chairmen to make up their minds.

One thing’s clear: If Powell goes, the fallout won’t stay confined to marble corridors. Brace for volatility—and maybe keep some dry powder ready.

|Square

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