#战略性加仓BTC The confrontation between Federal Reserve Chair Powell and Trump is escalating, and this power struggle could reshape the direction of monetary policy in the coming years.

The latest signals are clear: Trump has publicly declared that he has locked in his choice for the next Fed Chair, hinting at replacing Powell. But Powell has not backed down, firmly stating he will serve his term. Neither side shows any intention of compromise.

The key issue is interest rates. Last week, the Fed cut rates by 25 basis points, bringing the target range to 4.00%-4.25%. It looks like a rate cut, but Trump wants 3% or even lower. This gap has infuriated him. Since 2018, the two have clashed over rate hikes, with Trump advocating for low rates to stimulate the economy, while Powell insisted on tightening cycles. Seven years later, the conflict has not only persisted but has intensified.

By 2025, the situation has escalated. Trump directly demanded Powell "resign immediately." Treasury Secretary Bostick also revealed that the selection process for the new Fed Chair has already begun. Trump even hinted that he is ready to fire him.

But there is a legal issue— the President cannot directly remove the Fed Chair. The Chair has a protected term to safeguard the independence of the central bank. Powell is well aware of this, so he remains resolute. However, the Trump administration has not given up; they have started to use political tactics. Reports suggest they are asking Congress to investigate Powell on grounds of political bias and false statements, and even using the over-budget issues of the Fed headquarters renovation as leverage.

What’s more concerning is that the Trump administration has already dismissed Fed Governor Lisa Cook. This move has caused a stir in markets and academia. Many are asking: Is the independence of the Fed truly being eroded? When the President and the Fed Chair are openly and plainly at odds, can the central bank still maintain its autonomy?

The coming months are crucial. Interest rate policies not only impact the US economic outlook but also have profound effects on global capital markets—including cryptocurrencies like $BTC, $ETH, and $BNB. The market is watching and waiting.