🚨 POLITICAL SHOCKWAVE HITS THE MARKETS
Donald Trump says he had absolutely nothing to do with the Federal Reserve subpoena, distancing himself fast while still slamming Jerome Powell and his rate decisions.
Powell didn’t flinch. He made it clear the Federal Reserve answers to data, not politics, and warned that pressure or intimidation threatens the very foundation of central bank independence.
Lawmakers are now stepping in. Thom Tillis and others say this drama could damage trust in the Fed and shake financial market stability.
This isn’t just politics. It’s about credibility, policy control, and market confidence. When independence is questioned, volatility follows.
Eyes on rates. Eyes on power. Markets are watching closely.