Opinion: If Trump fires Federal Reserve Chairman Powell, it will set a very bad precedent

ChainCatcher news, according to Cointelegraph, Professional Capital Management founder and CEO Anthony Pompliano stated that if Trump fires Federal Reserve Chairman Powell, it would set a very bad precedent, especially considering the real motives behind it. He explained that although the Federal Reserve's intention is to operate independently and has made mistakes, an eye for an eye is not the right approach.

Anthony Pompliano emphasized that he is not a fan of the Federal Reserve. Previously, he referred to Bitcoin holders as one of the earliest large groups to recognize the issues with U.S. economic data and to seize financial opportunities for growth through holding assets.