Trump Reaffirms Powell's Position at the Federal Reserve

President Donald Trump has reaffirmed the decision not to fire Federal Reserve Chairman Jerome Powell, amid ongoing instability regarding the leadership position. This statement was reported by Jinshi, highlighting its importance, given Trump's influential role and Powell's standing since 2018. Trump's affirmation has addressed the speculation surrounding the leadership position of the Federal Reserve, which affects investor confidence and market stability. The historical continuity of leadership at the Fed has provided assurance to the financial markets. Powell is the central figure in U.S. monetary policy, and the stability in his role is viewed positively by market observers. Donald Trump, Former President of the United States - "I will not fire Jerome Powell." The Financial Market is Stable Thanks to the Assurance of the Leader Did you know? When the continuous leadership of the central bank is ensured, it often reduces the volatility of financial markets, demonstrating the important role of monetary policy leadership in maintaining investor confidence. Bitcoin is trading at 117K USD, holding a market dominance of 63.80%. In the past 24 hours, the price of BTC has increased by 0.70%, with a 7-day gain of 8.82%. This cryptocurrency has shown significant growth over the past 90 days, increasing by 38.62%. Data is sourced from CoinMarketCap as of July 13, 2025. According to the research group, the financial market tends to be stable when the leadership role of the central bank is reaffirmed, reducing the uncertainty regarding monetary policy direction. Powell's continued leadership may stabilize BTC prices and the overall market situation.