Fed: not really federal or holding actual reserves

So, Trump’s trying to boot Fed Governor Lisa Cook over some home declaration issues. But a court just said that you can't fire a Fed governor without major reasons, like clear evidence of wrongdoing. Meanwhile, in just 2 days, there’s gonna be a vote on cutting rates. Right now, Bitcoin is pretty steady, hanging around $114k to $116k. Also, spot Bitcoin ETFs have raked in $642 million in just five days. Seems like institutions want more transparency, and the Fed's feeling a bit of heat from politics. Bitcoin's showing you everything, so if you think it's crazy now... just wait, you’ll find out soon enough that the Fed isn’t really federal and isn’t actually holding real reserves!

An interest rate cut might affect the price of Bitcoin positively since more money will flow into the economy as borrowing will become cheaper. Investors would also invest more in making riskier assets like Bitcoin, causing the price increase. https://qz.com/trump-fed-lisa-cook-fomc-interest-rates Sacking Lisa Cook might increase the chances of cutting rates this month, but the right thing should be done. There has been no evidence that she committed any offence that warrants removal.  Trump is simply intimidating Federal Reserve governors to do his bidding.

Is anyone surprised by this? Trump also wants to fire Powell and cannot, even though he appointed him. Apart from the 'independence' of the FED, which serves it well in these cases, what is clear is that Trump cannot act as both judge and jury. It will be the judges, after a trial with the appropriate safeguards, who will have to decide whether Cook can be dismissed or not.