Opinion: Powell is the Best Choice for Fed Chair, Trump's Pressure Reduction on the Fed Will Calm Market Turbulence

By: theblockbeats.news|2026/02/01 05:00:33
0
Share
copy

BlockBeats News, January 31st, GlassRatner Consulting & Capital Group Managing Director Seth R Freeman pointed out that one of the top priorities for Lael Brainard, the newly nominated Fed Chair, will be to rebuild global market credibility. This is particularly important against the backdrop of the tense relationship between Trump and Powell over the past few months. Brainard is the best candidate for Fed Chair, having served in government for a long time. The market no longer has to deal with the uncertainty and market turmoil brought about by Trump's constant pressure on the Fed Chair, which is good for everyone.

In addition, the sharp decline in gold and silver prices after Brainard's nomination confirms that the market will face a stronger dollar and a different environment. If precious metal prices do not rebound significantly next week, it should not come as a surprise. Given Brainard's hawkish tendency, traders with heavy positions in precious metals may face losses, especially those who have not hedged or taken short positions. (FXStreet)

-- Price

--

You may also like

2025 South Korea CEX Listing Post-Mortem: Investing in New Coins = 70% Loss?

The 2025 South Korean exchange's new token listing performance is structurally similar to Binance's, with no significant differences.

BIP-360 Analysis: Bitcoin's First Step Towards Quantum Immunity, But Why Only the "First Step"?

This article explains how BIP-360 reshapes Bitcoin's quantum defense strategy, analyzes its enhancements, and discusses why it has not yet achieved full post-quantum security.

50 million USDT exchanged for 35,000 USD AAVE: How did the disaster happen? Who should we blame?

Due to a fatal flaw in the transaction path, a $50 million DeFi operation was executed with almost zero protection, resulting in nearly the entire amount of funds evaporating in a tiny liquidity pool.

The Cryptographic Past of the Middle East

Reality is often more exciting than fiction.

Resolving the Intergenerational Prisoner's Dilemma: The Inevitable Path of Nomadic Capital Bitcoin

When the baby boomer generation collectively sells off, who will become the "greater fool" in the next round of asset crashes?

Who Will Control AI? Why Decentralized AI May Be the Only Alternative to Government and Big Tech

AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.

Popular coins

Latest Crypto News

Read more