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Giant Trump statue holding Bitcoin displayed outside US Capitol to mark Fed rate decision

The 12-foot statue symbolizes Trump's pro-cryptocurrency stance and coincides with the Federal Reserve's 0.25% interest rate cut, aiming to spark dialogue on digital currency's future.

  • On September 18, 2025, the Federal Reserve reduced its key interest rate by 0.25 percentage points, bringing it down from 4.3% to approximately 4.1%.
  • This rate reduction—the first in over a year—was implemented in response to worries about weakening job expansion and to assess how tariffs and immigration restrictions might influence inflation.
  • At the same time as the Federal Reserve's announcement, a group of cryptocurrency investors temporarily displayed a large golden monument depicting Donald Trump clutching a Bitcoin outside the US Capitol.
  • Hichem Zaghdoudi, representing the crypto investors, said the statue symbolizes the intersection of politics and financial innovation and aims to ignite debate on digital currency and monetary policy.
  • The rate cut and statue installation highlighted Trump's public support for cryptocurrency amid ongoing debates on the federal government’s role in financial markets and the Fed’s policy path.
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ussanews.com broke the news in on Wednesday, September 17, 2025.
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