#BARKINGNEWS MAJOR ESCALATION: Trump vs Powell Just Went Nuclear đșđž
For over a year, Fed Chair Jerome Powell stayed silent, brushing off repeated attacks from President Trump with a simple âno comment.â
That silence is officially over â and markets felt it immediately.
â ïž What just happened:
Federal prosecutors have opened a criminal probe into Powell, linked to his past testimony on Fed building renovations. In response, Powell fired back hard:
đŁïž âThe threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public â rather than following the preferences of the President.â
đ Market reaction:
âą S&P 500 futures instantly slid ~0.5%
âą Risk sentiment took a hit across the board
đ§ Why this matters:
âą Fed is widely expected to pause rate cuts again at the Jan 28 meeting
âą Powell has months left in his Chair term
âą This is a full-on defense of Fed independence
âą Political pressure + monetary policy = volatility fuel
đ„ Bottom line:
Trump vs Powell just entered a new phase â and markets hate uncertainty.
Expect headline-driven volatility, sharp moves, and fast sentiment flips.
If youâre trading this drama, eyes wide open đâĄ
Drop your thoughts below & share if this helped â appreciate the support â€ïž
$SHARDS $IP $RIVER
#FedIndependence #TrumpPowell #MarketVolatility #WriteToEarnUpgrade