Close Menu
Trader News
  • Markets
    • Stocks
    • Futures
    • Forex
    • Commodities
    • OTC
    • QB
    • QX
    • PINK
    • Crypto
    • Options
    • Bonds
  • Crypto
    • Market
    • BTC
    • NFTs
    • DeFi
  • Technology
    • Web3
    • FinTech
    • EdTech
    • AI
  • Startups
  • Real Estate
  • Personal Finance
    • Retirement
    • Investing
  • More
    • Market Data
    • Glossary
    • Crypto Heatmap
    • Newsletter
    • Submit News
    • Exchanges, Brokerage and Savings Platforms
X (Twitter)
X (Twitter) TikTok YouTube RSS
Trader News
  • Markets
    1. Stocks
    2. Futures
    3. Forex
    4. Commodities
    5. OTC
    6. QB
    7. QX
    8. PINK
    9. Crypto
    10. Options
    11. Bonds
    Featured

    Ray Dalio Forecasts ‘Big, Painful Disruptions’ as US National Debt Set To Swell Over Next Decade

    By News RoomJul 6, 2025 7:09 pm EDT0
    Recent

    Ray Dalio Forecasts ‘Big, Painful Disruptions’ as US National Debt Set To Swell Over Next Decade

    Jul 6, 2025 7:09 pm EDT

    Certified FIND MINING Launches the Best Free AI Cloud Mining Service for BTC, DOGE, XRP and Other Popular Cryptocurrency Enthusiasts

    Jul 6, 2025 5:50 pm EDT

    Donald Trump’s Approval Rating Jumps Among Baby Boomers — Here’s What’s Driving It

    Jul 6, 2025 5:48 pm EDT
  • Crypto
    1. Market
    2. BTC
    3. NFTs
    4. DeFi
    Featured

    Bitcoin and Solana Will Hit Parabolic Levels if Their Cup-and-Handle Patterns Complete

    By News RoomJul 6, 2025 9:51 am EDT0
    Recent

    Bitcoin and Solana Will Hit Parabolic Levels if Their Cup-and-Handle Patterns Complete

    Jul 6, 2025 9:51 am EDT

    No Indications of Sell-Off in $8.6B Bitcoin Whale Transfer

    Jul 6, 2025 2:39 am EDT

    Bill Miller Challenges the Logic Behind Taxing Bitcoin

    Jul 6, 2025 12:29 am EDT
  • Technology
    1. Web3
    2. FinTech
    3. EdTech
    4. AI
    Featured

    It’s a bad time to be a graduate

    By News RoomJul 6, 2025 6:33 am EDT0
    Recent

    It’s a bad time to be a graduate

    Jul 6, 2025 6:33 am EDT

    OpenAI chief declares love for US while lamenting Democratic Party’s radical turn against ‘techno-capitalism’

    Jul 4, 2025 4:42 pm EDT

    Rumors of the demise of the American consumer are exaggerated, says Affirm CEO Max Levchin

    Jul 4, 2025 3:27 pm EDT
  • Startups
  • Real Estate
  • Personal Finance
    1. Retirement
    2. Investing
    Featured

    Where China’s investors are being urged to hide out locally in the second half

    By News RoomJul 6, 2025 12:59 pm EDT0
    Recent

    Where China’s investors are being urged to hide out locally in the second half

    Jul 6, 2025 12:59 pm EDT

    Investors expect bitcoin to break out to new records in the second half from a consolidation phase

    Jul 6, 2025 9:03 am EDT

    The tech sector still has legs in the second half, and Deepwater’s Gene Munster likes these names

    Jul 5, 2025 10:52 am EDT
  • More
    • Market Data
    • Glossary
    • Crypto Heatmap
    • Newsletter
    • Submit News
    • Exchanges, Brokerage and Savings Platforms
Login
Trader News
You are at:Home » Trump firing Powell would be a ‘very bad precedent to set’ — Pompliano
BTC

Trump firing Powell would be a ‘very bad precedent to set’ — Pompliano

News RoomNews RoomApr 19, 2025 2:19 am EDT0 ViewsNo Comments3 Mins Read
Facebook Twitter Telegram WhatsApp Pinterest LinkedIn Tumblr Email Reddit
Share
Facebook Twitter LinkedIn Pinterest Email

Crypto business owner Anthony Pompliano states that United States President Donald Trump should not follow through on his current danger to fire the head of the United States Federal Reserve, stating it would set a hazardous precedent– specifically thinking about the real intention behind it.

” I do not think that the President of the United States must be available in and unilaterally fire the Fed President,” Pompliano stated in a video published on X on April 18.

Shooting over dispute is a domino effect, states Pompliano

Pompliano stated, “Where you have a dispute and after that the shooting, I believe that’s not truly the location that we wish to enter into.”

” The concept of shooting the Fed chairman is a really bad precedent to set by doing this.”

It follows Trump required to his social networks platform Fact Social to implicate Fed chair Jerome Powell of being too sluggish to cut rate of interest. “Powell’s termination can not come quickly enough!” Trump stated on April 17.

Anthony Pompliano made the remarks on his online program “From The Desk of Anthony Pompliano.” Source: Anthony Pompliano

Pompliano described that while the Fed is implied to run individually, he concurs with critics who argue it’s not really independent. “The Fed, I believe, is extremely politicized, despite the fact that they pretend not to be,” he stated.

Pompliano acknowledged his own criticism of the Fed, stating he’s not precisely a fan, however highlighted that even if the Fed has actually made errors, reacting in kind isn’t the best technique.

” I still believe that even if someone else is doing something incorrect does not suggest that you must do something incorrect,” Pompliano stated.

United States Senator Elizabeth Warren just recently alerted that if Trump ultimately relocates to fire Powell, it might weaken financier self-confidence in the stability of United States capital markets and set off a monetary crash.

” A huge part of our economy strong, and a huge part of the world economy strong, is the concept that the huge pieces move individually of politics,” Warren stated throughout a look on CNBC.

Related: Fed’s Powell reasserts assistance for stablecoin legislation

Lower rate of interest frequently result in increased liquidity, which has actually traditionally resulted in greater costs of viewed riskier properties like Bitcoin and other cryptocurrencies.

It comes not long after Powell stated developing a stablecoins legal structure was a “great concept.”

In an April 16 panel at the Economic Club of Chicago, Powell stated, “The environment is altering, and you’re moving into more mainstreaming of that entire sector, so Congress is once again looking […] at a legal structure for stablecoins.”

Publication: Your AI’ digital twin’ can take conferences and comfort your liked ones

Source

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Bitcoin and Solana Will Hit Parabolic Levels if Their Cup-and-Handle Patterns Complete

BTC Jul 6, 2025 9:51 am EDT

No Indications of Sell-Off in $8.6B Bitcoin Whale Transfer

BTC Jul 6, 2025 2:39 am EDT

Bill Miller Challenges the Logic Behind Taxing Bitcoin

BTC Jul 6, 2025 12:29 am EDT

Rapper Drake drops BTC line in new song

BTC Jul 5, 2025 6:56 pm EDT

What Happened to Bitcoin Miners That Pivoted to AI?

BTC Jul 5, 2025 10:22 am EDT

Small Chance $8.6B Bitcoin Transfer Was a Hack

BTC Jul 5, 2025 2:05 am EDT
Add A Comment
Leave A Reply Cancel Reply

You must be logged in to post a comment.

Latest News

Certified FIND MINING Launches the Best Free AI Cloud Mining Service for BTC, DOGE, XRP and Other Popular Cryptocurrency Enthusiasts

Jul 6, 2025 5:50 pm EDT

Donald Trump’s Approval Rating Jumps Among Baby Boomers — Here’s What’s Driving It

Jul 6, 2025 5:48 pm EDT

DOT Miners: Trusted Crypto Cloud Mining Platform Launches New Mobile App

Jul 6, 2025 4:40 pm EDT

Ex-Trump Lawyer Sent This Message To Elon Musk After Feud With Donald Trump Erupted – Tesla (NASDAQ:TSLA)

Jul 6, 2025 4:38 pm EDT

DEALMining user scale exceeds 6.8 million, launching global free cloud mining reward activities

Jul 6, 2025 3:25 pm EDT

Subscribe to Updates

Get the latest markets news and updates directly to your inbox.

[newsletter_form]

Top News

Futures

US Plans To Restrict AI Chip Exports to Malaysia, Thailand To Curb Diversion to China – NVIDIA (NASDAQ:NVDA)

By News RoomJul 6, 2025 3:24 pm EDT0

In a quote to suppress semiconductor smuggling into China, the United States federal government is…

Aluminerie Alouette to Invest $1.1 Billion in Major Canadian Aluminum Revamp – Rio Tinto (NYSE:RIO)

Jul 6, 2025 3:22 pm EDT

With Debt Concerns Mounting, Resurfacing Presentation from Jim Rickards Suggests U.S. May Already Own What It Needs to Fund Trump’s Economic Revival

Jul 6, 2025 2:23 pm EDT

California Urban Housing Development Exempted From CEQA: A Game Changer?

Jul 6, 2025 2:22 pm EDT
About
About

Trader News is the only source for the latest news and updates about the market, finance, crypto and real estate. Follow us to get the only news that matters.
We're social, connect with us:

X (Twitter) YouTube TikTok
Popular News

MintMiner Launches Global Cloud Mining Platform, Offers Free BTC

Jul 4, 2025 11:34 pm EDT

Julian McMahon, Actor Who Played Doctor Doom In Fantastic Four Dies At 56

Jul 4, 2025 10:30 pm EDT

BIXI launches bike-sharing service in Sherbrooke

Jul 4, 2025 1:26 pm EDT

Subscribe to Updates

Get the latest markets news and updates directly to your inbox.

[newsletter_form]
Copyright © 2025. TraderNews. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?