Firing Powell could set a dangerous precedent and harm crypto, warns Pompliano

Crypto investor Anthony Pompliano recently criticized President Trump’s recent threat to dismiss chairman Jerome Powell, and warned that such a movement would undermine the institutional independence of the Fed and create a bad precedent, in particular for Bitcoin, shares and damage to the worldwide trust in the worldwide trust.

“I don’t believe that the president of the United States should enter and unilaterally dismiss the Fed president,” he said. “The idea of ​​firing the FED chairman is a very bad precedent to set in this way.”

Pompliano’s comments come after Trump called Powell on his social function for the truth because he did not quickly lower the interest rates, as he said: “Powell’s termination cannot come soon enough!” He noticed that the Fed seems politory for some and warned that firing Powell could only make things worse.

No Fed’s dependence sacrificing for crypto -winsts

Anthony, even though he is a well -known critic of the Fed himself, noted that it is wrong to combat misconduct with more misconduct. He emphasized that protecting the independence of the FED is more important than the profit in the short term. Although he acknowledged that the tariff reductions often stimulate the crypto markets, in particular Bitcoin, he emphasized that such a profit should not be at the expense of an important financial institution.

Senator Warren says it could crash markets

Senator Elizabeth Warren also warned that firing the FED chairman can seriously harm the confidence of investors and crash the markets. In an interview with CNBC, She said that if the Fed is seen as controlled by the president, it can harm the American economy and America can look like any other “twobits dictatorship” instead of stable democracy.

“A large part of our economy strong, and a large part of the global economy strong, is the idea that the large pieces exercise independently of politics,” Warren said during an appearance on CNBC.

Pompliano agreed to worry and warned that such a movement is a dangerous precedent where future monetary policy decisions can be driven by politics rather than data. When investors start to believe that the Fed is no longer impartial, the consequences can be serious, he says.

The climate is changing!

Earlier this week Powell said it is time for clear rules for stablecoins and acknowledged that digital assets are now firmly on the radar of the FED. In a speech on the Economic club of ChicagoHe said, “The climate is changing,” emphasizes the growing role of crypto in the financial system.

Trump and some Republicans have renewed the pressure to remove Powell about his cautious attitude of speed reductions. The last reduction percentages in December 2024. While Powell is insisting on seeing clear signs of falling inflation before he makes movements, Trump is delivered that other central banks such as the ECB have already reduced several times in 2025.

Chance of Bitcoin?

At the same time, experts believe that if the US dollar weakened by the uncertainties, this Bitcoin could help. They believe that a weaker dollar could float more people to invest in crypto to protect their money.