Crypto Market Concerns: Pompliano Warns of Fed Chair Ouster Risks

Investor and crypto advocate Anthony Pompliano has warned that the potential removal of Jerome Powell as Federal Reserve chair could significantly disrupt financial markets, highlighting the importance of maintaining the independence of central banks. His concerns come following President Trump’s call for Powell’s termination, which stems from frustration over the Fed’s resistance to further interest rate cuts. While Pompliano acknowledges the short-term benefits of lower rates on market performance like Bitcoin and equities, he argues that these gains should not be achieved at the expense of the Fed’s autonomy. }