Trump responds to Federal Reserve controversy: "They should stay loyal," as risks to central bank independence raise market concerns

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【BlockBeats】Recently, there has been some movement in the US political circle. The Department of Justice has launched an investigation into Federal Reserve Chair Jerome Powell, triggering a strong backlash from Senate Republicans—who threaten to obstruct Fed Chair nominations to maintain the central bank’s independence. In this power struggle, Trump directly responded.

When asked about the opposition within the party, Trump was blunt: “I don’t care, there’s nothing to say. They should stay loyal.” The implication is clear—central bank independence might have to give way to political considerations in his view.

Meanwhile, JPMorgan Chase CEO Jamie Dimon also stepped in to pour cold water, warning that Trump’s interference with the Federal Reserve could push up inflation. Trump dismissed this: “I don’t care what he says.” The opposition between the two on inflation and policy positions immediately became apparent.

Behind this turmoil lies a fundamental question: Can the Federal Reserve independently set monetary policy? Or will it ultimately bow to political pressure? For market participants concerned with macroeconomics, such policy uncertainty often signifies risk.

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CoffeeOnChainvip
· 5h ago
Loyalty? That word is ridiculous when it comes to central banks. If the Federal Reserve truly listened to politics, the crypto world would be celebrating. --- Here we go again. Can central bank independence be the same as political leverage? That's just absurd. --- Dimon wasn't wrong this time. If they really intervene, inflation will skyrocket in minutes, and crypto prices will go crazy too. --- Trump's rhetoric really... turning the central bank into a private tool? No wonder it's his style. --- Basically, they just want to control the pace of rate cuts, paving the way for their policies. --- When central banks fall into politics, stablecoins and on-chain finance are the real winners, everyone. --- That's why I trust blockchain over fiat currency. Decentralization is more reliable.
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DisillusiionOraclevip
· 5h ago
Trump's words really can't be held back anymore; the independence of the central bank has already become a joke in Washington. Another power struggle show, in the crypto world we can see clearly... where the money flows, the policies follow. Dimon’s retort was good, but unfortunately it’s like talking to the wall; that’s just how the game is. Is the Federal Reserve reduced to a political tool? How long the dollar’s credibility can last is really uncertain. Central bank independence, in the face of American politics, is just a concept. What impact does this farce have on the crypto prices? It seems more important than the Federal Funds Rate itself.
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tokenomics_truthervip
· 5h ago
The independence of the central bank, huh, it seems it will also be eaten by the political meat grinder. Another power play, loyalty vs independence, this script is so bad. Trump's comment on "maintaining loyalty" directly exposes the window. What dignity does the central bank still have? Dimon comes out to give pointers, but ends up being countered. The crypto circle has long seen through these; power has never cared about independence. Can the Federal Reserve really remain independent? Wake up, everyone. If this were on-chain, it would have been forked long ago. No one believes in this centralized trick.
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ShamedApeSellervip
· 5h ago
Trump is truly incredible; the independence of the central bank is gone... Now the Federal Reserve has completely become a political tool.
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OnChain_Detectivevip
· 5h ago
nah listen... this "loyalty" talk is literally the biggest red flag pattern i've seen since the terra collapse. let me pull the data here—when political pressure starts overriding institutional independence, statistical anomaly detection screams rugpull signature all over it. flagged transaction incoming fr
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StablecoinAnxietyvip
· 5h ago
I see through Trump's tricks; the independence of the central bank is just a facade in the face of political interests. Here we go again, financial oligarchs and politicians fighting each other, and in the end, it's us retail investors who pay the price. "Maintain loyalty"? Such words. Why doesn't the Federal Reserve just rename itself "Trump Bank" then? Damon is not at fault this time; interfering with the Federal Reserve is playing with fire, and inflation is about to take off again. The dance between Wall Street and the centers of power is just nauseating to watch. The independence has long been gone; now it's just about whose fist is stronger. This situation actually presents an opportunity for stablecoins; once the dollar's credibility loosens, it will explode. Political interference in the central bank... just listen and don't take it seriously. The Federal Reserve is really unlucky; both sides want to ride on its neck.
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PessimisticLayervip
· 5h ago
The independence of the central bank is almost gone, so what’s the point of discussing monetary policy... Trump’s playbook will eventually pay the price. --- Here we go again, loyalty? The financial system isn’t a gang organization. --- How dare Jamie speak up? Trump simply won’t listen. --- It seems the independence of the Federal Reserve is truly coming to an end. --- Is political dominance over the financial system the inevitable trend? --- I just want to know what all you HODLers are thinking right now—how much credit is left in the US dollar? --- Trump: I don’t care. JPMorgan Chase: We do care! Who can understand the feeling of being ignored? --- Wait, this logic doesn’t add up. If the central bank really listens to politics, who will foot the bill for the upcoming inflation? --- Loyalty vs. independence, there’s no way to reconcile them; you can only choose one.
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