Trump Shakes Fed: Dow, S&P 500, Nasdaq Wobble as President Moves to Oust Cook

Markets stumble as political pressure hits central bank independence—again.

Presidential Power Play

Trump's latest move targets Fed Governor Lisa Cook, sending traditional markets into immediate uncertainty. The Dow dipped, S&P 500 fluctuated, and Nasdaq showed volatility within minutes of the news breaking. Wall Street hates surprises—unless they're bullish.

Institutional Jitters

Banking stocks led the decline as investors weighed implications for monetary policy autonomy. Treasury yields jumped while dollar strength wavered—classic risk-off behavior when political agendas collide with financial stability. Because nothing says 'stable economy' like meddling with interest rate decisions.

Digital Assets Watch

Bitcoin held steady during the turmoil, further cementing its narrative as an uncorrelated asset. Crypto traders barely glanced at the headlines—too busy counting gains while traditional finance plays musical chairs with regulatory appointments. Sometimes the best hedge against political risk is simply opting out of the traditional system altogether.