#BARKINGNEWS MAJOR ESCALATION: Trump vs Powell Just Went Nuclear 🇺🇸
For over a year, Fed Chair Jerome Powell stayed silent, brushing off repeated attacks from President Trump with a simple “no comment.”
That silence is officially over — and markets felt it immediately.
⚠️ 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:
🗣️ “The 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 — rather than following the preferences of the President.”
📉 Market reaction:
• S&P 500 futures instantly slid ~0.5%
• Risk sentiment took a hit across the board
🧠 Why this matters:
• Fed is widely expected to pause rate cuts again at the Jan 28 meeting
• Powell has months left in his Chair term
• This is a full-on defense of Fed independence
• Political pressure + monetary policy = volatility fuel
🔥 Bottom line:
Trump vs Powell just entered a new phase — and markets hate uncertainty.
Expect headline-driven volatility, sharp moves, and fast sentiment flips.
If you’re trading this drama, eyes wide open 👀⚡
Drop your thoughts below & share if this helped — appreciate the support ❤️
$SHARDS $IP $RIVER
#FedIndependence #TrumpPowell #MarketVolatility #WriteToEarnUpgrade