So here's the thing—a prominent Republican just dropped word that Powell might skip the Humphrey-Hawkins testimony. Yeah, you read that right.

For those not tracking every congressional hearing, Humphrey-Hawkins is basically where the Fed chair gets grilled on monetary policy, employment, inflation—the whole playbook. It's one of those moments when markets actually pay attention to what's being said (or not said).

If Powell really bows out? That's unusual. Not impossible, but unusual enough to raise eyebrows. The timing matters here. We're in a weird spot with inflation readings, interest rate speculation, and everyone trying to figure out what the Fed's actually thinking beyond the official statements.

For crypto and asset markets, Fed testimony is always a thing. The fewer opportunities for direct communication, the more room there is for speculation. Which, honestly, can cut both ways—sometimes that's bullish chaos, sometimes it's bearish uncertainty.

Keep your eyes on whether this actually happens or if it's just Washington theater. Either way, the market's gonna react.