Several former Federal Reserve chairs have publicly opposed the criminal investigation into Jerome Powell, marking a rare unified stance from the institution's leadership circle. The move reflects broader concerns about political pressure affecting monetary policy independence—a issue that ripples across financial markets, including crypto asset valuations which are sensitive to Fed rate decisions and policy shifts. Observers note that central bank credibility hinges on insulating policymakers from external interference during their tenure.
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BearMarketMonk
· 01-13 14:17
It's the same old rhetoric of "protecting independence"... really interesting. A group of former chairmen unanimously endorse the current one, making the scene more stable than financial stability itself. However, when the next cycle turns sour, these words will dissipate like a bubble. No matter how sensitive the price is, it can't compare to the human heart.
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AirdropHunterWang
· 01-13 09:40
Laughing to death, they're at it again with Fed's political games.
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tx_or_didn't_happen
· 01-12 21:08
Nah, these former chairmen coming together is just ridiculous. It shows that political interference is really going to cause problems... Without the independence of the Federal Reserve, how can retail investors in the crypto world survive?
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GasFeeSobber
· 01-12 21:02
The Fed folks are really sticking together, just afraid of losing their iron rice bowls... What are our retail investors' money worth?
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WalletAnxietyPatient
· 01-12 20:57
Wow, these old Chairs standing together to oppose investigating Powell is indeed rare. But honestly, it's just about protecting their own, who hasn't been pressured by politics...
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LiquidationWatcher
· 01-12 20:54
The central bank's move is really outrageous. Once political interference in monetary policy is allowed, it never ends... Our crypto circle is directly caught in the crossfire.
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LiquidityWitch
· 01-12 20:52
I've been playing with crypto for three years, and the thing I fear the most is political interference causing a market crash. This time, it's quite surprising that the Fed senior officials are united...
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ApyWhisperer
· 01-12 20:41
NGL, this wave of former leaders coming together is somewhat impressive, but I'm just worried they will ultimately become pawns in political struggles... The biggest fear for the crypto community is policy changes.
Several former Federal Reserve chairs have publicly opposed the criminal investigation into Jerome Powell, marking a rare unified stance from the institution's leadership circle. The move reflects broader concerns about political pressure affecting monetary policy independence—a issue that ripples across financial markets, including crypto asset valuations which are sensitive to Fed rate decisions and policy shifts. Observers note that central bank credibility hinges on insulating policymakers from external interference during their tenure.