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Opinion: If Trump fires Fed Chairman Powell, it would set a very bad precedent

Opinion: If Trump fires Fed Chairman Powell, it would set a very bad precedent

CointimeCointime2025/04/19 10:01
By:Cointime

according to Cointelegraph, Anthony Pompliano, founder and CEO of Professional Capital Management, said that if Trump dismisses Federal Reserve Chairman Powell, it will set a very bad precedent, especially considering the true motives behind it. He explained that although the original intention of the Federal Reserve was to operate independently, it has made mistakes, but tit for tat is not the right approach. Anthony Pompliano emphasized that he is not a fan of the Federal Reserve, and previously he had said that Bitcoin holders were one of the earliest large groups to recognize problems in U.S. economic data, and through holding coins and other means, they seized financial opportunities for upward potential.

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