Breaking! The Federal Reserve's leadership change stirs up more turbulence, is Powell unable to leave?

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Brothers, big news! The matter of the Federal Reserve changing its leader has hit another snag. Originally, Kevin Warsh was set to succeed Powell, and the confirmation hearing was suddenly canceled. The reason is simple and critical — the White House hasn't prepared the materials yet.
In plain terms, Warsh's wife is from the Estée Lauder family, and the financial disclosures of this wealthy family are very complicated; just disentangling their assets is enough to drink. But that's only the surface reason. The deeper issue is that the big boss Tillis is still resisting. The old man has made it clear: the Department of Justice's criminal investigation into Powell's overspending on renovations will not be dropped, and anyone who nominates him will be blocked.
This situation is quite delicate. Powell's term ends in May, and if the new leader isn't decided soon, according to the rules, Powell will have to continue voting on the FOMC as a director. That means a guaranteed seat until 2028.
For us trading crypto and derivatives, this isn't a bad thing. Uncertainty is the biggest upside. As long as this palace intrigue over the Fed's leadership doesn't end, monetary policy won't dare to change recklessly, and Powell's path dependence actually makes the market expectations more stable.
You should know, if Warsh really takes over, he's a tough guy advocating both rate cuts and balance sheet reduction at the same time. Right now, he's stuck on procedural issues, which actually protects risk assets.
Do you think Powell will be forced to stay on, or will Warsh push through forcibly? Share your thoughts in the comments section 👇
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