Key Highlights:

• Trump confirms he’s considering “three or four” candidates to replace Powell
• Fed Chair defends current stance as Trump lashes out over lack of rate cuts

Yello Paradisers! In a press conference that felt more like a firing squad, President Donald Trump labeled Jerome Powell “very stupid” and said he’s interviewing potential replacements for the Federal Reserve Chair.

This fresh blast comes as tensions mount over Powell’s refusal to slash interest rates—despite Trump’s claim that “there is no inflation” and rates should be cut “by a full point or more.” While Powell’s term doesn’t end until May 2026, Trump’s tone suggests he might not wait.

Names on Trump’s shortlist include former Fed governor Kevin Warsh, current Fed governor Chris Waller, and Treasury Secretary Scott Bessent, who recently hinted he’d serve “wherever the president needs him.”

Powell Holds His Ground — For Now

While Trump was throwing jabs from The Hague, Powell was calmly fielding questions from the Senate Banking Committee, sticking to the Fed’s current playbook. He reiterated that the Fed remains in “wait-and-see” mode, especially as it processes the economic fallout from rising Trump-era tariffs.

Markets weren’t moved much by the testimony, but insiders heard the deeper signal: Powell isn’t folding yet.

CRYPTO INSIGHT: Why This Feud Actually Matters

This isn’t just political theatre. For crypto markets, the Fed chair drama could determine how long high real yields suppress speculative inflows into assets like Bitcoin and Ethereum. A Powell exit might signal the return of looser money, which, historically, has been rocket fuel for crypto.

Even the potential names floated matter:

• Waller already hinted at rate cuts “as early as July”
  
  
• Warsh is known for hawkish views, especially on asset bubbles
  
  
• Bessent is more market-savvy, closer to Trump, and would likely lean dovish
  
  

Watch what they say next. Crypto reacts faster than equities when macro winds shift.

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Catch our upcoming YouTube deep-dive on how Powell’s potential exit could reshape the crypto landscape. Want trade setups instead of just news? Step into ParadiseFamilyVIP,  where insights become entries.

“Trump calls Powell ‘very stupid’ and threatens Fed shakeup—markets brace for a pivot. When the world’s top central banker’s job hangs by a thread, your next crypto trade needs to be strategic, not reactive.”