Trump Powell Fight Escalates as Resignation Demands Intensify
In a significant political development, former President Donald TRUMP has called for the immediate resignation of Jerome Powell, the head of the U.S. Federal Reserve. The demand marks a sharp escalation in tensions between Trump and the central bank chief, though the broader implications for monetary policy remain unclear.
Market participants are closely monitoring the situation for potential impacts on financial stability. Cryptocurrencies, often sensitive to macroeconomic uncertainty, could see volatility if the conflict disrupts traditional markets. The Fed's policies have been a key driver of liquidity conditions that influence digital asset valuations.