{"id":37143,"date":"2025-07-16T05:46:49","date_gmt":"2025-07-16T05:46:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=37143"},"modified":"2025-07-16T05:46:49","modified_gmt":"2025-07-16T05:46:49","slug":"polymarket-odds-on-jerome-powells-ouster-jumps-as-congresswoman-says-its-imminent","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=37143","title":{"rendered":"Polymarket Odds on Jerome Powell’s Ouster Jumps as Congresswoman Says It’s ‘Imminent’"},"content":{"rendered":"
\n

A Florida Congresswoman’s post on X has moved the market for bettors looking to speculate on the firing of Federal Reserve chair Jerome Powell.<\/p>\n

Anna Paulina Luna (R- Florida) claimed on the social media site that Powell’s firing was ‘imminent’, but provided no further details, moving the ‘yes’ side of a related contract on Polymarket by 4<\/a>% up to 27%.<\/p>\n

\"(Polymarket)\"<\/p>\n

Luna does not serve on the House Financial Services Committee<\/a>, which oversees the Federal Reserve. <\/p>\n

The Florida 13th district representative serves on the House Oversight and Accountability Committee and Natural Resources Committee, and is a member of the House Freedom Caucus and Congressional Second Amendment Caucus.<\/p>\n

President Trump has long wished to remove Jerome Powell, dating back to his first administration<\/a>, but there would be significant legal challenges to removing him.<\/p>\n

In 2019, the Brookings Institution prepared an analysis highlighting the 1935 Supreme Court case\u00a0Humphreys’ Executor v. United States<\/em>, which blocked President Franklin Roosevelt from removing an FTC commissioner, as a key precedent supporting the Federal Reserve Act\u2019s \u201cfor cause\u201d removal protections.<\/p>\n

The law, as it stands, only permits the removal of Fed governors only for inefficiency, neglect of duty, or malfeasance in office, not policy disagreements.<\/p>\n

And perhaps that has resonated with Polymarket bettors. In the hours since Rep. Luna’s post on X, the odds on the ‘Yes’ side have come back down to 25%.<\/p>\n

Bitcoin traders dismissed the possibility entirely of Powell’s removal, with BTC staying flat.<\/p>\n<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A Florida Congresswoman’s post on X has moved the market for bettors looking to speculate on the firing of Federal Reserve chair Jerome Powell. Anna Paulina Luna (R- Florida) claimed on the social media site that Powell’s firing was ‘imminent’, but provided no further details, moving the ‘yes’ side of a related contract on Polymarket […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-37143","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37143"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37143\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}