Rep. Luna confirms Jerome Powell’s imminent dismissal.
The news shakes confidence in U.S. monetary policy stability.
Markets and policymakers await official White House response.
Political Shock: Powell’s Job Reportedly at Risk
In a surprising political development, U.S. Congresswoman Anna Paulina Luna has publicly confirmed that Federal Reserve Chair Jerome Powell is facing imminent dismissal. The announcement has sparked immediate reactions across financial and political circles, given Powell’s central role in guiding U.S. monetary policy.
As the head of the Federal Reserve, Powell has been at the forefront of inflation control, interest rate hikes, and economic stabilization efforts. The possibility of his removal raises serious questions about the future direction of the Fed and the motivations behind such a drastic move.
Why Powell’s Firing Would Be Unprecedented
Firing a sitting Fed Chair is extremely rare and would carry major implications. Though presidents appoint the Fed Chair, the position is traditionally insulated from direct political influence to preserve the central bank’s independence.
Jerome Powell, a Republican appointed by Donald Trump and reappointed by President Biden, has managed one of the most aggressive interest rate tightening cycles in decades. His policies have faced both praise and criticism—from financial markets and political figures alike.
Congresswoman Luna’s statement did not include official confirmation from the White House, leaving room for speculation. However, even the suggestion of such an action could influence investor sentiment and potentially destabilize market expectations.
BREAKING:
CONGRESSWOMAN ANNA PAULINA LUNA CONFIRMS THE IMMINENT FIRING OF FED CHAIR JEROME POWELL. pic.twitter.com/qUBJhPYYj4
— Crypto Rover (@rovercrc) July 16, 2025
What This Could Mean for Markets and Policy
If Powell is indeed removed, questions will immediately arise about his successor and their stance on inflation, interest rates, and quantitative tightening. The timing is also critical, as the Fed continues to manage inflation while avoiding a hard landing for the economy.
A sudden leadership change could inject uncertainty into markets, especially if seen as politically motivated. Investors, institutions, and foreign partners will be watching closely for confirmation and any shift in policy direction.
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