Several ex-chairs of the Federal Reserve, alongside other seasoned economic policymakers, are pushing back hard against the Department of Justice's investigation into Fed Chair Jerome Powell. Their concern? The probe threatens the Fed's independence and could damage the broader U.S. economy. When political pressure starts influencing monetary policy decisions, you're looking at potential instability across financial markets—and that includes crypto. The independence of central banking institutions matters. A lot. Compromise that independence, and you're messing with the foundation that supports everything from traditional markets to digital assets. These veteran officials are essentially raising an alarm: external investigations into Fed leadership could set a dangerous precedent.
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DefiEngineerJack
· 01-15 22:00
ngl, this is actually™ the real alpha—when institutions start eating their own, everybody loses. formal verification of monetary independence when? asking for a friend who holds both usdc and btc lol
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GasGrillMaster
· 01-15 07:12
Federal independence... once it gets hijacked by politics, our coins will have to go down with the ship.
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LiquidationOracle
· 01-12 23:51
The DOJ's move is really shooting itself in the foot, political interference with the independence of the central bank. When the time comes, the entire financial market will shake, and the crypto world won't be able to escape.
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PaperHandSister
· 01-12 23:51
Here we go again with political interference in the central bank? Basically, it's about power wanting to control the purse strings, and our crypto circle is the first to be affected.
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MEVSandwich
· 01-12 23:51
Basically, it's a power struggle. The U.S. government wants to control the Federal Reserve, but the Federal Reserve refuses... If this thing goes wrong, our crypto circle will also suffer.
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GateUser-9f682d4c
· 01-12 23:40
Wait a minute... Are former Federal Reserve Chairpersons defending Powell? Seems like there's some conflict of interest lol
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HodlVeteran
· 01-12 23:31
Bro, let me tell you, if we mess this up, our crypto circle will be dragged into the mud again. Do you remember the big crash two years ago? It was caused by this kind of political interference.
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Once the Federal Reserve loses its independence, the market will crash. Retail investors are probably going to be the ones to take the hit this time.
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I’ve stepped into this pit back in 2018. When the central bank messes up, the whole market trembles.
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Looking at the signs, the bear market warning signals are flashing again. Everyone who’s in the game, be careful.
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Veteran’s words: When politics get involved, it’s never a good thing.
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This move can destroy the coin price more than anything else. We might as well prepare to cut losses.
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A word of advice for newcomers: don’t always think about going all-in. During major events like this, retail investors always suffer the most.
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If the Federal Reserve gets sidelined, it’s unlikely that Bitcoin can stay strong. I’m already thinking about how to get out now.
Several ex-chairs of the Federal Reserve, alongside other seasoned economic policymakers, are pushing back hard against the Department of Justice's investigation into Fed Chair Jerome Powell. Their concern? The probe threatens the Fed's independence and could damage the broader U.S. economy. When political pressure starts influencing monetary policy decisions, you're looking at potential instability across financial markets—and that includes crypto. The independence of central banking institutions matters. A lot. Compromise that independence, and you're messing with the foundation that supports everything from traditional markets to digital assets. These veteran officials are essentially raising an alarm: external investigations into Fed leadership could set a dangerous precedent.