#密码资产动态追踪 ⚡Urgent: The Federal Reserve's Independence Faces Test

The U.S. Department of Justice has issued a grand jury subpoena to Powell, and the underlying logic is intriguing. Officially, it’s a move related to the Federal Reserve building renovation project, but in reality, it signals an escalation in the power struggle over interest rate policies.

Powell’s stance is very firm: he insists on formulating monetary policy based on economic data and refuses external political pressure. A historical review is clear—multiple attempts by Trump to pressure for significant rate cuts were rejected, and he even publicly called for Powell’s resignation, with plans to replace the Fed Chair in January 2026. Now that Powell’s term ends in May, where will this confrontation lead?

This is not just a simple power struggle but a direct challenge to financial independence by politics. "Public officials must stand firm under various pressures," Powell stated plainly.

For the crypto market, this matter has profound implications. The Federal Reserve’s policy direction directly influences liquidity expectations and, consequently, the movement of assets like $BTC $ETH $PEPE. If central bank decisions start to be influenced by political factors, how will market risk appetite change? This is a long-term variable worth monitoring.

Key question: Can the Federal Reserve maintain its independence? Will political interference become the new normal?