A Fed Shakeup Could Change How Wall Street Sees Bitcoin | Crypto Craft

  • A Fed Shakeup Could Change How Wall Street Sees Bitcoin

    From banyanhill.com

    Fed Chair Jerome Powell doesn’t look untouchable anymore. And I don’t say that lightly. Fed chairs usually weather political storms and almost always finish their terms. But this time feels different. Powell is under growing pressure today from multiple directions. A Justice Department investigation into the Fed’s $2.5 billion headquarters renovation has turned into a political lightning rod. And Trump’s allies are openly questioning Powell’s resistance to aggressive rate cuts. As inflation cools and growth slows, the argument that Powell is too cautious is getting louder. And that chatter could matter far ... (full story)

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