Trump to Fed: "Cut the Rates or Get Replaced!" โ Powell in the Hot Seat ๐ง
๐ Washington D.C., July 24 โ A rare scene unfolds as Donald Trump personally tours the Federal Reserve HQ construction site alongside Fed Chair Jerome Powell. Both in hard hats, both under pressure โ but for different reasons.
> โI wonโt fire Powell โ just cut the rates!โ Trump quipped, turning monetary policy into prime-time drama.
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๐ธ Budget Battles & Fed Fumbles
Trump waved a paper claiming project costs ballooned to $3.1B โ Powell corrected him:
> โThat was a different building. Finished five years ago.โ
Still, Trump didnโt hold back:
> โIf this were my project, heads would roll. But Jay, Iโm not firing youโฆ yet.โ
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๐ Trump's Message: CUT INTEREST RATES
> โI built bigger under budget in NYC. I just want lower rates โ itโs that simple.โ
Later, on Truth Social, Trump posted:
> โI wish it had never started. But since it has โ finish it fast.โ
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๐ Powell's Term Ending โ Trumpโs Fed Takeover Coming?
With Powellโs term expiring soon, markets are buzzing:
Will Trump name a new Fed Chair?
Will he push for aggressive rate cuts pre-election?
The Fed remains cautious on inflation โ but markets now price in 2 rate cuts before year-end.
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๐ฅ What It Means for Crypto & Markets
Lower interest rates = weaker dollar + stronger crypto upside.
Trump applying heat on the Fed is bullish for risk-on assets like:
$BTC
$ETH
$SOL +3.76% ๐
$TRUMP +2.63% โฌ๏ธ
$DF +6.41% ๐
$XRP ๐
Fed drama + election season = volatility ahead.
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๐ช Is Crypto Ready for a Trump-Powell Shake-Up?
Sound off ๐
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