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Jerome Powell just gave his LAST press conference as Fed Chair. Ever.
And he said something nobody expected. 👀
"I had long planned to be retiring. The things that have happened really in the last three months have left me no choice but to stay."
He's stepping down as Chair on May 15.
But he's NOT leaving the Fed. He's staying on the Board until 2028. Still in the room. Still has a vote. 👀
Kevin Warsh just cleared the Senate Banking Committee 13-11... straight party lines. He's almost certainly the next Fed Chair.
Trump wants rate cuts. Warsh says he'll be independent.
But here's the plot twist 👇
Four Fed members dissented today. First time since 1992. Some want HIKES not cuts.
Warsh walks into a divided Fed. With Powell watching from the same table.
DOJ dropped the Powell investigation, but reserved the right to RESTART it anytime.
This power struggle isn't over. It just went underground.
And crypto? Watches every Fed move like a hawk. 🦅
Rate cuts coming → liquidity flood → $BTC breaks $80K
Fed stays divided → uncertainty continues → volatility your friend
💬 Do you trust Warsh to cut rates or will he surprise Trump?$BTC $ETH $CL #FedApril4Dissents #USIranLongTermBlockade #KelpDAO71MUnfreeze
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