📰 Trump vs. Powell: What Happens If Trump Tries to Fire the Fed Chair?
Donald Trump has hinted at removing Fed Chair Jerome Powell if re-elected—a move that could trigger a legal standoff, as Powell can only be dismissed “for cause.” Such a challenge to Fed independence would likely spark market turmoil, with potential bond sell-offs, rising inflation fears, and dollar weakness.
📉 Expect increased volatility across equities and forex, while gold and crypto could rally as safe havens.
🧠 Bottom line: Undermining the Fed would shake global confidence in U.S. monetary stability.