#PowellVsTrump TRUMP vs Powell: Clash in the Fed Spotlight
Trump's challenge to Fed Chair Jerome Powell isn’t just political—it’s rattling the markets.
Draft firing letter in play: Trump reportedly showed GOP lawmakers a draft termination letter during a private Oval Office meeting, asking for feedback on firing Powell for not lowering interest rates or over the $2.5B Fed HQ renovation cost overruns .
Public pivot: He later stated it’s “highly unlikely” he’ll fire Powell unless there's fraud involved.
