The post Powell Asserts Independence Amid Fed Leadership Tensions appeared on BitcoinEthereumNews.com. Key Points: Powell states Trump can’t dismiss Fed Governor; leadership remains. Conflict continues over central bank independence. Potential market turmoil as leadership dispute escalates. Federal Reserve Chair Jerome Powell reaffirmed his tenure, countering President Trump’s push for control, amidst new attempts to dismiss Fed Governor Lisa Cook, escalating central bank tensions. This struggle highlights critical issues of central bank independence, potentially affecting market sentiment and USD-pegged cryptocurrency stability if political influence continues to pressurize the Federal Reserve. Powell Reaffirms Fed’s Autonomy Against Trump’s Moves Federal Reserve Chair Jerome Powell confirmed his intention to continue serving and stated that President Trump lacks authority to dismiss Fed Governors. This public declaration comes amid Trump’s intensified efforts to reshape the Fed’s structure. Powell’s stance reaffirms his commitment to maintaining the central bank’s independence amidst ongoing controversy. President Trump has pushed for the dismissal of Governor Lisa Cook as part of a broader drive to assert more control over the Federal Reserve. Multiple analysts warn that these moves could increase policy risk, affecting global market sentiment and potentially impacting asset prices. “I will continue to fulfill my responsibilities and that the President lacks the authority to dismiss me as Fed Governor.” — Jerome Powell, Federal Reserve Chair. Historical Challenges to Federal Reserve Independence Did you know? Federal Reserve independence is a historical linchpin in U.S. economic policy, first significantly challenged during Nixon’s presidency, illustrating today’s stakes. Ethereum (ETH) currently trades at $4,408.19, holding a market cap of 532,099,621,401. Reflecting on recent price activity, ETH’s value has declined by -4.04% in the last 24 hours, though it shows a notable gain of 80.37% over 60 days. CoinMarketCap data highlights its significant market presence with 60,093,452,593 in trading volume over 24 hours and a dominance rate of 14.03%. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 08:36… The post Powell Asserts Independence Amid Fed Leadership Tensions appeared on BitcoinEthereumNews.com. Key Points: Powell states Trump can’t dismiss Fed Governor; leadership remains. Conflict continues over central bank independence. Potential market turmoil as leadership dispute escalates. Federal Reserve Chair Jerome Powell reaffirmed his tenure, countering President Trump’s push for control, amidst new attempts to dismiss Fed Governor Lisa Cook, escalating central bank tensions. This struggle highlights critical issues of central bank independence, potentially affecting market sentiment and USD-pegged cryptocurrency stability if political influence continues to pressurize the Federal Reserve. Powell Reaffirms Fed’s Autonomy Against Trump’s Moves Federal Reserve Chair Jerome Powell confirmed his intention to continue serving and stated that President Trump lacks authority to dismiss Fed Governors. This public declaration comes amid Trump’s intensified efforts to reshape the Fed’s structure. Powell’s stance reaffirms his commitment to maintaining the central bank’s independence amidst ongoing controversy. President Trump has pushed for the dismissal of Governor Lisa Cook as part of a broader drive to assert more control over the Federal Reserve. Multiple analysts warn that these moves could increase policy risk, affecting global market sentiment and potentially impacting asset prices. “I will continue to fulfill my responsibilities and that the President lacks the authority to dismiss me as Fed Governor.” — Jerome Powell, Federal Reserve Chair. Historical Challenges to Federal Reserve Independence Did you know? Federal Reserve independence is a historical linchpin in U.S. economic policy, first significantly challenged during Nixon’s presidency, illustrating today’s stakes. Ethereum (ETH) currently trades at $4,408.19, holding a market cap of 532,099,621,401. Reflecting on recent price activity, ETH’s value has declined by -4.04% in the last 24 hours, though it shows a notable gain of 80.37% over 60 days. CoinMarketCap data highlights its significant market presence with 60,093,452,593 in trading volume over 24 hours and a dominance rate of 14.03%. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 08:36…