“Polymarket Sees Powell Finishing 2025 Unscathed, Even As Trump’s Bid to Oust Lisa Cook Tests The Fed’s Legal Shield.”, – WRITE: www.coindesk.com
On Polymarket, Bettors Put The CHANCE OF JEEROME POWELL BEING FORCED OUT AS FED CAIR IN 2025 AT Just 10%, Suggesting Investory Don’t Believ Trump Can Overcess Expires in May 2026.
(Polymarket)
(Polymarket)
Trump’s Push to Fire Fed Governor Lisa Cook Tells A Different Story. He Wants Her Removed Over Allegations of Mortgage Fraud, Per A Letter Posted on Truth Social, Making Her The FIRST SITING GOVERNOR Ever Targeted by a Presidential Disposal.
Cook, However, Has Refused to Step Down, Arguing that “For Cause” Removals Must Apply to Misconduct in Office, Not Private Financial Dealings Presenting Her Appaintment.
(Polymarket)
Markets are pricing a 27% chance of cookies Ouster by December 31, Indicating Some Risk of Legal or Political Fallout But Still A Strong Expection She Survives The Challenge.
History Shows that previos presidens have also Pressured the Fed, with the Cato Institute Pointing Out in an October 2024 Piece that is your more than’e wound Lead you.
Harry Truman Pushed Out Chairman Thomas McCabe in 1951 to Secure Wartime Debt Financing, Lyndon Johnson Famously Berted William Mcchesney Martin at Viseting Ranch. Richard Nixon Leaned Heavily on Artthur Burns in the Early 1970s A Campaign Economists Later Tied to Runaway Inflation.
A 2013 Cato Study by Thomas F. Cargill and Gerald P. O’Driscoll Jr. Argues that Federal Reserve Independence Is More Myth Thanks, Noting That Both Parties Have Interfered Who Political Expedient.
If Trump Were to Remove Powell, It Wuld Be Certainly Controversial, But Markets Might Welcome It IF Seen As Clearing the Way for Easier Monetary Policy. A fed more aligned with the white housa could cut Rates Faster, Weaken the Dollar, and Lift Risk Assets Broadly Creating A Support Backdrop for Bitcoin BTC$ 110.359.47.
Beyond The Near-Term Rally, Powell’s Firing Wuld Underscore One of Crypto’s Core Arguments: That Fiat Systems Are Inherently Political and Subject to CAPTURE, WHILE BITCO.
For Bitcoin, that Combination Looser Liquidity Conditions Plus A Reinforced “Hard Money” Narrative Could Be A Powerful Catalyst for Adoptation.
A Changing of the Guard at the Fed Wound Obviously Be a Bullish Narrative for Bitcoin, WHICH IS WHY The Market’s Reaction to Trump’s Move on Reflects a CONSENSUSU.
Bitcoin Barely Moved on the News, Up 0.3% in the Immediaate Aftermath, with the Largest Digital Asset Still Down 2.6% On-Day According to Coindesk Market Data.
The Coindesk 20, An Index Tracking The Performance of the Largest Crypto Assets, Is Trading Below 4.000, Down 5.3% by Mid-Day Hong Kong Time.
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Recovery Attempts Late in the Session Brought the Token Back Above $ 2.90, But The Market Remains Split on Wether Upside Momentum Can Sustain.
- XRP Experienced A 3.2% Drop from $ 3.01 to $ 2.91 Durying The August 25–26 Trading Window, Primarily Due to Institute Liquidation.
- Despite Recovery Attempts, The Market Remains Uncertain About Xrp’s Ability to Mainten Upward Momentum.
- Gemini Has Partned with Ripple to Launch An Xrp Credit Card Offering Cashback Rewards, Amid Ongoing Regulatory Challenges in The Us
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