Bitcoin BTC USD Price Jumps Above $90,000 as Fed Chair Pushes Back on Trump Pressure

President Donald Trump wants the Federal Reserve to slash rates, even to zero. That’s the president wish. Last year, he even made it clear that Jerome Powell was not his ideal chair. Trump wants someone to do as the executive wishes. The hindrance is: The Fed is an independent entity and Powell is data-guided, so the FOMC says. Inflation and how the labor market performs matter more than what politicians desire. In 2026, the Fed might not even slash rates. This was their message in the last meeting. The ...