On Sept 19, House Republicans introduced the 2025 Price Stability Act, which seeks to make inflation control the Federal Reserve’s sole mandate, effectively ending its nearly 50-year dual mission of “maximum employment + price stability.” The bill also calls for broader reviews of the Fed’s responsibilities and accountability, raising concerns over increased political influence on monetary policy.
In the short term, this move amplifies policy uncertainty premiums, fueling volatility across the dollar, Treasuries, and equities. Over the long run, if enacted, it could alter asset allocation logic and risk pricing structures.
Analyst View: The proposal is highly political and procedural. Near-term impact will stem mainly from sentiment and expectations, while structural changes would require Senate approval and time. BTC faces resistance at $119K and $120.5K, with supports at $113K, $111K, and $108K.
