The House of Representatives Defends Powell: Federal Reserve Leadership Faces Political Test

2026-01-12 17:40:09

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【Crypto World】New developments in the political game within the Federal Reserve. The Chairman of the House Financial Services Committee recently spoke out, stating that a potential criminal investigation of Powell is “unnecessary interference.” The chairman also specifically defended Powell, calling him an “honest person” and emphasizing his “highest integrity.”

These remarks reflect a divided attitude in Washington towards the Federal Reserve Chairman. On one side are those who want to cause trouble for Powell, and on the other side are those who come to his defense. As the world’s most important central bank, the Federal Reserve’s internal and external power struggles are never-ending. Powell’s policy orientation—especially interest rate decisions—directly impacts global financial markets, including the risk appetite in the cryptocurrency market.

From a market perspective, the political stability of the Federal Reserve leadership concerns policy continuity. If Powell faces ongoing harassment, it could affect his decision-making independence and subsequently influence overall financial market expectations.

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MoonRocketman

· 11h ago

Powell's recent risk aversion, RSI momentum still depends on the upcoming weeks' Bollinger Band breakout, political interference is like gravitational resistance, and we need to calculate the escape velocity accurately. If policy coherence collapses, the entire trajectory will need to be recalibrated, and then the crypto market will be in a true free fall—I'm not just alarmist. The group in Washington playing political games, what we need to watch is when the interest rate decision window opens, because that is the real fuel affecting risk appetite. How long this round of protection can last mainly depends on whether his decision-making independence has been compromised. Once independence collapses, the subsequent rate hike route will be full of uncertainties. Instead of guessing political alignments, it's better to focus on market sentiment. Currently, the sentiment heat is approaching the upper limit of the near-Earth orbit, so be prepared to take profits on landing.

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StablecoinEnjoyer

· 11h ago

Really? Washington folks really never stop playing these tricks... Even Powell's integrity can't stop political games. I just want to know when this farce will end and calm down, as it directly affects our crypto circle.

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blocksnark

· 11h ago

The political game has started again, Washington folks just love to fight each other... Powell's stability is related to the crypto market trend. --- Protecting is one thing, but ultimately it's about the data; interest rate decisions are the real thing. --- This is the fate of centralization: one person's political status directly affects global finance... Isn't it time to decentralize? --- It's a bit annoying. Instead of internal fighting, it's better to adjust policies properly. Retail investors like us still end up getting chopped. --- The Fed's show always has so many acts; the key is not to make the market more chaotic... It's already chaotic enough. --- Can you really trust the phrase "honest people"? I even discount the official statements from Washington. --- Just keep Powell steady; the market needs certainty. No more variables.

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Ser_Liquidated

· 11h ago

Here we go again. Washington folks are really bored; isn't Powell already enough to be criticized? When interest rates move, the whole world trembles. Now they have to split their attention to political struggles—no wonder they can't focus on decision-making. If you ask me, the independence of the Federal Reserve is increasingly starting to look like a joke.

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