There's been a lot of chatter lately about how much say the Trump administration will have over Federal Reserve decisions. The key takeaway? The president can advise, but calling the shots? That's not happening.

For crypto traders and investors, this distinction matters. Fed policy directly moves markets—interest rates, inflation expectations, liquidity flows. When there's uncertainty about who's actually steering these decisions, it creates noise and volatility.

The separation of powers between the executive branch and the Fed isn't just constitutional theater. It's the structural reality that keeps monetary policy somewhat insulated from political cycles. Trump can make his preferences known, lobby hard, and apply pressure. But the Fed's independence—flawed as it may be—remains the guardrail.

For those watching market implications: watch what actually gets done versus what gets said. Policy signals matter less than execution. The crypto space tends to overshoot on headlines, then correct when the dust settles. Stay sharp on the fundamentals.