Opinion: If Trump fires Fed Chairman Powell, it would set a very bad precedent
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump turns on ‘buddy’ Putin over Ukraine, says he’ll slap Russia with sanctions now
Share link:In this post: Trump warned he may hit Russia with new sanctions after fresh missile attacks on civilians. Trump met with Zelenskyy in Rome and called the meeting productive, but gave no full details. Trump offered a peace deal that includes recognizing Crimea as Russian territory, which Zelenskyy rejected.
Trump’s economic and geopolitical failures took center stage at Pope Francis’ funeral
Share link:In this post: Trump’s economic and diplomatic tensions took over the spotlight at Pope Francis’ funeral. Trump met briefly with Zelenskyy, Macron, and Starmer during the service but made little progress. Trump skipped a second meeting with Zelenskyy and left Rome quickly after the Mass.
Elon Musk and Nobel laureates call for investigation into OpenAI’s nonprofit mission
Share link:In this post: Elon Musk called OpenAI restructuring plan the “scam of the century” after experts oppose it. Legal and AI experts have called on Attorneys General of Delaware and California to OpenAI core mission as a non-profit. Concerns about Open AI deviating from its non-profit origins is not limited to Musk.
Republicans propose shutting down US audit regulator PCAOB
Share link:In this post: Republicans plan to scrap the Public Company Accounting Oversight Board (PCAOB). The agency’s responsibilities could be pushed to the SEC if the lawmakers succeed in shutting it down. Republicans also want to pass a major tax bill that could change the non-profit sector.
Trending news
MoreCrypto prices
More
