The power shift within the Federal Reserve is brewing beneath the surface. How will the political game between Bessent and Powell affect the crypto market?

【BlockBeats】Wall Street observer Nick Timiraos recently revealed a noteworthy development: current Federal Reserve official Bostent has been repeatedly criticizing Fed Chair Jerome Powell in public. In an interview with CNBC, he explicitly stated that Powell should not attend the legal hearing involving Fed Board member Lisa Cook this Wednesday, citing concerns that Powell might be biased in favor of the Fed.

What’s more interesting is the story behind it. According to Timiraos, Bostent’s series of public criticisms came shortly after the Department of Justice launched an investigation into the Fed, which made Bostent uneasy. His real concern is that this investigation could complicate Trump’s plan to nominate Powell’s successor.

In other words, there is considerable uncertainty within the current Fed leadership. Bostent is also pushing for a detail: ensuring Powell fully resigns from the Federal Reserve Board after his term ends in May this year. These internal variables could influence the future policy direction of the Fed and trigger a chain reaction in global asset allocation—cryptocurrency traders should pay close attention.