The Trump administration may be intentionally creating uncertainty in the stock markets to corner Federal Reserve chair Jerome Powell, according to a market commentator.

US President Donald Trump and Secretary of the Treasury Scott Bessent are “taking matters into their own hands; they're crashing asset prices in an attempt to force Jerome Powell to cut interest rates,” said Pompliano, who serves as the founder and CEO of Professional Capital Management and host of The Pomp Podcast.

A market commentator has claimed that the Trump administration may be intentionally trying to create uncertainty in the stock markets to corner Federal Reserve chair Jerome Powell into lowering interest rates.

According to Bitcoin commentator Anthony Pompliano, doing so increases the likelihood that the US won't need to refinance around $7 trillion in debt it owes over the next few months.

"President Trump and Treasury Secretary Scott Bessent are taking matters into their own hands; they're crashing asset prices in an attempt to force Jerome Powell to cut interest rates," said Pompliano, who is the founder and CEO of Professional Capital Management and host of The Pomp Podcast, in a March 10 X post.

The President and his team are intentionally crashing the market.

Is this a master plan or are we watching uncontrolled destruction?!

The president has repeatedly called for the Fed to lower interest rates from the current target range of 4.25% to 4.5%, but the central bank has kept rates at the same level since January.

Pompliano said that the recent market panic has been driven in part by Trump's tariffs, and has been used to create a more favorable bond market while lowering the 10-year Treasury yield.

He added that the 10-year Treasury yield is already down from nearly 4.8% in January to 4.21% now, which is a sign that Trump's purported strategy is "heading in the right direction."

If the stock market continues to tank, it will come down to a "who blinks first" contest between Trump and Powell.

While Trump hasn't confirmed such a strategy, Pompliano noted that in a recent Fox News interview on March 9, Trump said: "Nobody ever gets rich when the interest rates are high because people can't borrow money."

Pompliano added that lowering interest rates would also benefit American consumers.

"Lower interest rates would benefit consumers as they'd be able to borrow money at lower rates to finance their cars, houses, and other major purchases," he said.

Common stock funds fell sharply on Friday, with State Street's Standard & Poor's 500 index fund (SPY) dropping 2.66% and Nasdaq-100 falling 3.8%, according to Google Finance.

Both indexes are down 7.32% and 10.7% over the last month, while Bitcoin is down 27.4% from its $108,786 all-time high and over $1.2 trillion has been wiped from the cryptocurrency market cap since December 17.

According to CME FedWatch, there is a 96% probability that the target range will remain at 4.25% to 4.50% following the next meeting of the Federal Reserve on March 19.

However, there are nearly 50-50 odds for the target range to be lowered in the Federal Reserve's following meeting on May 7.

The Federal Reserve typically avoids lowering interest rates when inflation is high, as one of its primary objectives is to maintain price stability.

However, a Trump-induced recession, or "Trumpcession," as some have termed it, could pressure America's top bank to start cutting rates again.