Trump Says He Might Fire Fed Chair Powell as January Nomination Approaches

According to COINOTAG News, on December 30, remarks attributed to Trump reportedly targeted the Federal Reserve, including considerations of legal action against Chair Jerome Powell and calls for his resignation. The report notes Powell’s term approaching its end and the likelihood that a Fed chair nominee will be announced in January. In this macro backdrop, crypto markets react to policy uncertainty and central‑bank leadership shifts that can alter liquidity and risk appetite.

Analysts warn that such political signals have material implications for monetary policy and regulatory environment, with potential knock‑on effects on market structure in the crypto space. Traders should monitor official Fed communications and risk controls as the transition unfolds, since a clearer policy path can support price discovery in assets like Bitcoin and Ethereum, while lingering ambiguity may sustain volatility.