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Anthony Pompliano Warns Trump Against Firing Fed Chair Powell

Anthony Pompliano Warns Trump Against Firing Fed Chair Powell

Crypto entrepreneur Anthony Pompliano is pushing back against former U.S. President Donald Trump’s call to fire Federal Reserve Chair Jerome Powell, saying the move would set a troubling precedent for American financial governance.

“I do not believe that the President of the United States should come in and unilaterally fire the Fed President,” Pompliano said in a video posted to X on April 18, during his show From The Desk of Anthony Pompliano.

Disagreement Shouldn’t Justify Dismissal

Pompliano expressed concern over the motivations behind the potential firing, noting that Trump’s criticism of Powell stemmed primarily from disagreements over interest rate policy.

“Where you have a disagreement and then the firing, I think that’s not really the area that we want to go into,” he explained. “The idea of firing the Fed chairman is a very bad precedent to set this way.”

Trump had sharply criticized Powell on Truth Social a day earlier, accusing him of being too slow to lower interest rates, writing, “Powell’s termination cannot come fast enough!”

Acknowledging Fed Flaws Without Compromising Integrity

While Pompliano admitted he’s no fan of the Fed himself—calling the institution “highly politicized”—he emphasized that poor leadership shouldn’t justify improper responses.

“I still think that just because somebody else is doing something wrong doesn’t mean that you should do something wrong,” he said.

Pompliano’s comments reflect growing tensions between political figures and central bank leaders, particularly as economic policy becomes a focal point ahead of the 2024 U.S. presidential election.

Author

Reporter at Coindoo

Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.

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