- Main event, leadership changes, market impact, financial shifts, or expert insights.
- Trump wants Powell out over rate disagreements.
- POTUS demand causes crypto market volatility.
Donald Trump has called for U.S. Federal Reserve Chair Jerome Powell to resign, criticizing Powell’s stance on interest rates and monetary policy.
Trump’s demand for Powell’s resignation highlights the ongoing tensions between their economic visions, potentially leading to increased market volatility.
Trump’s Call for Resignation
Donald Trump demanded the resignation of Jerome Powell, citing issues with the Federal Reserve’s interest rate policy. Trump emphasized that the U.S. should have the lowest interest rates. Powell, appointed by Trump in 2017, has been the Chair since 2018. Trump’s call was clear, “Jerome Powell has been very bad for our country. We should have the lowest interest rate on Earth, and we don’t. He just refuses to do it” (Fox Business).
Market reactions to the demand were quick, with possible implications for crypto markets like BTC and ETH. Trump’s and Powell’s contrasting economic policies create uncertainty in financial markets, particularly regarding interest rate trends.
Powell’s stance has often contrasted with Trump’s preference for lower rates, impacting borrowing and investment landscapes. Industry analysts are closely watching for any Fed or market responses that may directly affect macroeconomic conditions and trends.
Experts predict that Powell’s potential resignation could lead to shifts in monetary policy. Historical patterns suggest that Trump’s announcements can influence macroeconomic perceptions. Trump Calls for Jerome Powell’s Resignation Amid Rate Dispute BTC and ETH may see heightened volatility during these discussions, given their sensitivity to macroeconomic indicators.
About the author
AI Key to Web3 Competitiveness, Says Gate CEO
Gate.io's CEO Dr. Han states AI will drive Web3's future, enhancing usability and integration.
Binance Initiates First Alpha Box Airdrop Event
Binance launches Alpha Box airdrop, starting at 18:00 UTC, requiring 242 points minimum.
Hong Kong SFC Introduces New Virtual Asset Regulations
Hong Kong's Securities and Futures Commission, led by CEO Julia Leung Fung-yee, announced new virtual asset regulations at Consensus 2026, introducing margin financing and perpetual contracts for select investors.
European Parliament Endorses Digital Euro With Dual Functionality
Pasquale Tridico and 48 EU lawmakers led the February 10, 2026 move in the European Parliament to endorse a digital euro proposal with online and offline capabilities.
Galaxy Digital CEO Predicts Decline in Cryptocurrency Speculation
Galaxy Digital's Mike Novogratz anticipates a shift from speculative to institutional investments in cryptocurrency.
Crypto.com CEO Acquires AI.com for $70 Million in Crypto
Crypto.com CEO Kris Marszalek acquired AI.com for $70 million in cryptocurrency. Unverified claims of a subsequent $500 million offer arise.
Related
Bitcoin steady as SEC-CFTC outline crypto oversight MOU
The SEC-CFTC MOU aims to align crypto oversight; analysts cite jurisdiction and exemptive relief shaping perpetual futures and prediction markets in the U.S.
Bitpanda reports 16% 2025 revenue growth as MiCA opens EU
Data shows MiCA license, Bitpanda 2025 revenue, EU passporting link: 16% growth to ~€371M with EU scaling, while expansion costs and oversight weigh on EBITDA.
SATA yield raised to 12.75% as Strive adds Bitcoin, STRC
Strive outlines SATA 12.75% yield, Bitcoin balance sheet, STRC preferred stock as treasury shift to balance liquidity, duration and yield; coverage NAV context.
Revolut Bank UK launches as PRA grants full licence
Full UK banking licence enables lending and FSCS protection £120,000; Revolut Bank UK deposits migrate under PRA/FCA oversight with governance controls improved
CRCL stock sees 45% upside in targets as USDC nears $80B
Analysts cite USDC nearing $80B and rate-sensitive reserve income in CRCL stock, USDC stablecoin, price target; plus MiCA, U.S. bills and USDT competition.
Oil steadies as Germany outlines IEA release triggers
Energy prices and supply risks put Germany oil reserves release in focus; analysts cite IEA/G7 rules that could add barrels and temper prices in a G7 move.