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

According to Cointelegraph, Anthony Pompliano, founder and CEO of Professional Capital Management, said that if Trump fired Federal Reserve Chairperson Jerome Powell, it would set a very bad precedent, especially considering the real motives behind it. He explained that while the Fed was meant to operate independently, mistakes have been made, but tit for tat is not the right approach. Anthony Pompliano stressed that he is not a fan of the Federal Reserve. He has previously said that bitcoin holders were one of the first large-scale groups to see problems with U.S. economic data and seize financial opportunities for upside through holding coins.