The position of a Florida congressman on X has transferred the market of traigators who seek to speculate on the dismissal of the president of the Federal Reserve, Jerome Powell.
Jerome Powell will be fired. The shot is imminent.
– Representative Anna Paulina Luna (@repluna) July 16, 2025
Anna Paulina Luna (R- Florida) He said on the social media site that Powell’s dismissal was “imminent”, but did not provide more details, moving the “yes” side of a contract related in Polymket by 4% to 27%.
Luna does not work in the Chamber Financial Services Committee, which supervises the Federal Reserve.
The representative of District 13 of Florida serves in the Committee for Supervision and Responsibility of the Chamber and Committee of Natural Resources, and is a member of the Caucus of the Chamber of Freedom of the Chamber and the Caucus of the second amendment of Congress.
President Trump has long wanted to eliminate Jerome Powell, who goes back to his first administration, but there would be significant legal challenges to eliminate it.
In 2019, the Brookings institution prepared an analysis that highlights the case of the 1935 Supreme Court Humphreys executor v. USAwhich prevented President Franklin Roosevelt from eliminating a FTC commissioner, as a key precedent that supports the protections of eliminating the Federal Reserve Law “for Cause”.
The law, as it is, only allows the elimination of the governors of the Fed only for inefficiency, negligence of duty or embezzlement in office, not political disagreements.
And maybe that has resonated with the Polymeket. In the hours after the position of the rep. Luna in X, the probabilities of the side ‘Yes’ have dropped to 25%.
Bitcoin merchants dismissed the possibility completely from the elimination of Powell, with BTC remaining stable.
