Crypto’s investor Anthony poses recently criticized President Trump’s recent threat to the president of the Fed, Jerome Powell, and warned that such a decision would undermine the institutional independence of the Fed and would establish a bad precedent, in particular for Bitcoin, actions and harm global confidence in the American economy.
“I don’t think the President of the United States has come and unilaterally dismiss the president of the Fed,” he said. “The idea of dismissing the president of the Fed is a very bad precedent to define in this way.”
The comments of Potiano intervene after Trump called Powell on his social post of truth for not having deleted interest rates soon, because he said: “Powell’s dismissal cannot come quickly enough!” He noted that the Fed already seems political to some and warned that the dismissal Powell could only worsen things.
Do not sacrifice nourished independence for crypto gains
Anthony, although he was a known critic of the Fed himself, pointed out that it was wrong to fight against reprehensible acts with more reprehensible acts. He stressed that the protection of Fed independence is more important than short -term gains. Although he recognized that rate reductions often stimulate the cryptography markets, in particular Bitcoin, he stressed that such gains should not be done at the price of harming a key financial institution.
Senator Warren says he could crash the markets
Senator Elizabeth Warren also warned that the dismissal of the president of the Fed could seriously harm investors’ confidence and crush the markets. In an interview with CNBC, she said that if the Fed was considered to be controlled by the president, this could harm the American economy and make America look like any other “two -bit dictatorship” instead of a stable democracy.
“A large part of our strong economy, and a large part of the strong world economy is the idea that large pieces move independently of politics”, ” Warren said during an appearance on CNBC.
Pospiano agreed with concerns, warning that such a decision establishes a dangerous precedent where future monetary policy decisions could be motivated by policy rather than data. If investors begin to believe that the Fed is no longer impartial, the consequences could be serious, he said.
The climate changes!
Earlier this week, Powell said it was time to make clear rules on stablescoins and recognized that digital assets were now firmly on the Fed radar. In a speech at the Chicago Economic Club, he said: “The climate changes”, highlighting the growing role of crypto in the financial system.
Trump and some Republicans have renewed the pressure to remove Powell from his prudent position on rate drops. The Fed reduced rates in December 2024. Although Powell insisted on seeing clear signs of lower inflation before making movements, Trump fears that other central banks like the ECB have already reduced rates several times in 2025.
Opportunity for Bitcoin?
At the same time, experts think that if the US dollar is weakening due to uncertainties, it could actually help Bitcoin. They believe that a lower dollar could encourage more people to invest in the crypto to protect their money.
Pospiano warned that this would undermine the independence of the Fed and would harm investors’ confidence, especially in Bitcoin and global markets.
Trump criticized Powell so as not to reduce rates quickly, and is frustrated that other central banks have already made cuts.
