Bitcoin $118,550.58 price The article fell to $ 117,660 at the time of being prepared, and the latest news is not in favor of the crypto. Donald Trump is absolutely not satisfied with the current Fed president and we see it in his shares almost every day. Powell does not reduce interest rates, and so he is asked to leave his seat for months for the end of his term of office.
Investigation to the Fed President
The Republican Representative Anna Paulina Luna from Florida applied to the Ministry of Justice to initiate an investigation to the current FED president. Although he has been under the oath since he took office, he allegedly made a false statement Powell He’s accused of lying. According to FOX news officials who saw the letter sent to the US Ministry of Justice, these Republicans are the last great step.
“On June 25, 2025, President Powell, US Senate Banking, Housing and Urban Affairs Committee of the Federal Reserve’s EcCles Building in the renewal of the renewal of the EcCles Building. In his statements, he made a few important declarations. He described it as insignificant, but the documents examined by the Congress Inspectors show that the scope and cost of this project is not insignificant in terms of its quality or content. – The application of Crypto investors flocked by Crypto investors – The reason will surprise you!
For a while PowellWe were talking about the ongoing restoration process of the FED buildings in order to be taken out of the task for a justified reason. Last week we shared allegations and the Fed’s answer (news of Powell resignation). The same week, Trump met with deputies about the plan to dismiss Powell. Although Powell says he’s not going to dismiss him, we should see what he’s doing, not what he’s saying. If the Ministry of Justice initiates an investigation and finds Powell guilty, Trump quickly gets out of mission and brought someone to raise interest rates. However, since this would mean the politicization and independence of the FED, fear for global markets will probably trigger the decline in crypto.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.