ChainCatcher reports, citing Jinshi, that U.S. President Donald Trump commented on the lawsuit over Fed Governor Lisa Cook's eligibility. Trump stated that the Supreme Court remanded the case to a lower court solely on procedural grounds, without addressing the substantive issues. He emphasized that he would take immediate appropriate action to ensure that individuals who have committed misconduct do not continue making critical decisions affecting the nation's welfare.
The incident highlights the ongoing tension between the Trump administration and the Federal Reserve's independence. Market participants are closely monitoring the legal developments and potential implications for the Fed's monetary policy trajectory, particularly regarding dollar liquidity expectations that influence the cryptocurrency market.