#比特币2026年行情展望 The power structure of Washington's financial sector is undergoing a dramatic reshuffle.

The recent scene is quite intense: Trump is pressuring the Federal Reserve to appoint his preferred candidate to the Board, but Powell responded with a tough move—subpoenas from the Department of Justice plus a video statement. Powell publicly stated: "Criminal threats won't intimidate an independent central bank." It seems firm, but underlying currents are swirling.

Here's a key suspense: after Powell steps down as Fed Chair in May, will he remain on the Board as a director until 2028? If so, he would become a de facto "shadow power" figure. By then, the internal power balance within the FOMC will be thoroughly disrupted.

Currently, the key moves on the table are:

Can Trump successfully fill the "loyalist" seat on the Board? The Senate has already threatened, "If the issues aren't clear, they won't vote." If blocked, the power structure of the Board will be unbalanced, and the decision-making efficiency of the Fed could be compromised. This directly impacts interest rate trajectories.

More speculative is—can Trump use this opportunity to dismiss other directors? The Supreme Court is about to rule on a mortgage fraud case, which could redefine the legal boundaries of the Fed's "independence."

From a trader's perspective, what does this mean? The certainty of Fed policy is decreasing. When internal power struggles occur within the central bank, assets sensitive to liquidity like $BTC and $ETH will face greater volatility. Markets will look for signals in every political move in Washington—will interest rates become more hawkish or dovish? Will dollar liquidity tighten or loosen? These are all money issues.

A battle for the highest financial authority in the U.S. is quietly reshaping the global market's risk premium. Who ultimately takes control will determine the future interest rate direction and influence liquidity expectations in the crypto market.