Bitcoin holds as Trump touts 15% growth, Warsh pick
The post Bitcoin holds as Trump touts 15% growth, Warsh pick appeared on BitcoinEthereumNews.com.
Trump Powell 15% growth claim: what he said and why Donald Trump escalated criticism of Jerome Powell, asserting Powell has the ability to lift U.S. growth by 15%. The assertion extends a pattern of attacks on Powell’s rate policy. Separately, the 15% target was linked to Trump’s statement that his federal reserve pick could deliver growth at that rate, as reported by Bloomberg, which characterized the goal as exceedingly rosy. The comments were presented in the context of selecting new Fed leadership. Fed independence and interest rate cuts: why it matters Central bank independence matters because rate decisions must target the dual mandate through data, not election-cycle incentives. Perceived interference can blur accountability and undermine inflation-control credibility. Rate cuts transmit through borrowing costs, asset prices, and the exchange rate, but effects are uncertain and take time. Oversimplified promises risk misreading this transmission and its inflation trade‑offs. After months of speculation, Donald Trump nominated kevin warsh on Jan. 30, 2026 to be the next chair of the Federal Reserve, according to Insight News. The timing centers policy expectations on the path of rates and balance‑sheet management. Warsh has been scrutinized over his monetary policy stance and independence, as reported by Seeking Alpha. That framing suggests investors will evaluate how communication and reaction functions might change under new leadership. Commentary from Steve Moore endorsed the nomination as “right on target” for Fed leadership, according to Vision Times. Market and policy reactions will hinge on expectations for rate direction and operational autonomy. Bitcoin context tied to Powell commentary and policy uncertainty Historical coverage has linked Powell’s public remarks to sharp crypto‑market swings, including periods of stress and evolving digital‑asset oversight. “We’ve seen just a remarkable set of events in the crypto space,” said Jerome Powell, Federal Reserve Chair. At the time of this…
Filed under: News - @ February 10, 2026 12:21 am