for more on the crypto markets this morning uh and his view on the Fed and just just about everything. Joining us right now in an exclusive interview is Galaxy CEO Mike Novagrats. Good morning to you, Mike.Uh we got the Genius Act behind us. Uh there's so many things going on now in the marketplace around crypto, around Bitcoin, around tokenizing things. We just talked to Dina Freeman about that.We got the Fed and everything else. So let's let's start though. I want to start on the Bitcoin front because I t ...

President Trump is considering announcing and naming Fed Chair Powell's successor as early as this summer. What did you think of that. And what would that mean for monetary policy if that announcement were to be made sooner than expected.>> Well, the first thing I thought is I wish I didn't have to go to the Wall Street Journal podcast and talk about it. No. Um I I don't know what the president will or won't do.Um, you know, I'll just say that, uh, you know, we're in the business as the Federal Reserve of, ...

President Donald Trump last month added federal debt costs as a fresh reason why Jerome Powell should slash interest rates. But firing the Fed chair and forcing rates down wouldn’t help, a new analysis shows. https://t.co/oTkWfhaEBE ...

House Speaker Mike Johnson said he is “disenchanted” with Jerome Powell, as President Donald Trump attacks the Federal Reserve chairman over frustrations with high interest rates https://t.co/pc3Xpassi3 ...

Ray is clear what happens next:Tightening isn't likely soon, so it's wise to bet on a weaker dollar and low real interest rates.He specifically mentions USD being down 45% against BTC.Higher.Ray Dalio (@RayDalio):https://t.co/VrtXS30JP2 ...

I think he's doing a bad job, but he's going to be out pretty soon anyway. In eight eight months, he'll be out. Uh but he's uh I call him too late. He's too late all the time.He should have lowered interest rates many times. Europe lowered their rate 10 times. We lowered ours none.We should be at 1%. We should be leading the world. Instead, we're paying 4%.And if you look at what that means, that's over a trillion dollars in interest that we have to pay. that with the striking of a pen, we would be saving m ...

I think that Fed Chair Jerome Powell. I think he's doing a bad job, but he's going to be out pretty soon anyway. In eight, eight months he'll be out.But he's I call him too late. He's too late all the time. He should have lowered interest rates many times.Europe lowered their rate ten times. We lowered ours none. And it's causing a problem for people who want to buy a home.Look, our economy is so strong now, we're blowing through everything. We're setting records, you know that. You see that.And whether it' ...

💥BREAKING:🇺🇸 President Trump says Fed Chair Jerome Powell is keeping interest rates high for political reasons. https://t.co/hKfO7m6SaC ...

JUST IN: 🇺🇸 President Trump says Fed Chair Jerome Powell is keeping interest rates high for political reasons. https://t.co/e9XSY6rlFP ...

Fed Independence and Political Pressure - Markets rely on the Fed's independence and commitment to price stability and maximum employment [3] - Historical examples show that presidential pressure on the Fed can lead to stagflation [6][7] - Concerns exist regarding potential Fed chair candidates expressing opinions on future monetary policy [17] - A "shadow Fed chair" is a dangerous idea that impairs the credibility of the actual Fed chair [23][24] Economic Outlook and Policy Concerns - The economy is resilient, but concerns exist about future tariff policies [25][26] - Tariffs could lead to increased inflation and decreased household incomes [27][29] - Softness is developing in the labor market, with average job creation around 150,000 jobs per month [28] - Concerns exist about weaknesses in the legislation regarding stable coins and their potential financial stability risks [34] Monetary Policy and Inflation - The Fed's goal is price stability, aiming for 2% inflation, and maximum employment [3][12][15] - Lowering interest rates to ease financing costs on federal debt is not a congressionally mandated goal and is dangerous [3][15] - High inflation is an inevitable consequence when pressure drives monetary policy [3] Fed Leadership and Transition - The President should choose a Fed chair who believes in and will defend the Fed's independence [14] - The next Fed chair should make fact-based judgments based on economic trends and the congressionally mandated goals [15] - The current Fed chair is committed to the Fed's independence and should fulfill his term [31][32]