PANICO. Scontro Trump vs Banca Centrale USA: Dollaro CROLLA.

·12 min·1 clip

Jerome Powell reveals Trump's Justice Department is investigating him, threatening the Fed's independence.

The episode opens with an introduction to Rassegnata Stampa, hosted by Max, who has analyzed news for over four years. It immediately dives into an unprecedented institutional crisis at the Federal Reserve, where Chair Jerome Powell reveals the Justice Department under Trump has notified him of a grand jury investigation. Powell claims this is a pretext to attack him because the Fed sets interest rates based on public need, not Trump's wishes. Trump has publicly insulted Powell, calling him incompetent and stupid, while the investigation is led by Trump-loyal prosecutor Jean Impiro. Republican Senator Tom Tillis, a Trump ally, surprisingly opposes all Fed nominations until the issue is resolved, joined by Democratic Senator Elizabeth Warren who accuses Trump of abusing power. Powell's term expires in 2026, but he could stay on the board until 2028, blocking Trump's appointments. The host notes the irony of Trump accusing Powell over building costs while Trump overspent on a White House ballroom. The timing suggests Trump may use Powell as a scapegoat if the economy weakens. Markets react negatively, with stocks down, the dollar at historic lows, and volatility in U.S. bonds. The episode then shifts to Trump's statements on Greenland, where he claims strategic interest and hints at annexation, potentially endangering NATO. He mocks Greenland's defenses as minimal while warning of Russian and Chinese submarines. European leaders, like British Prime Minister Keir Starmer, negotiate military responses. The host explains Greenland's actual size is smaller than it appears on maps, suggesting Trump's obsession stems from distorted perceptions. Investors flock to gold and European defense stocks, with gold up 4% and defense stocks hitting highs. Analyst Matthew Miskin notes markets are worried about geopolitical risks. The host questions whether Trump's words will lead to action, recalling past market pressures that made him reverse tariffs. The episode concludes by pondering if markets can stop Trump this time, referencing Venezuela as a cautionary tale.

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