🧐 **How Donald Trump Could Render Fed Chair Jerome Powell 'Powerless'**
The main power of the Federal Reserve lies not only in interest rates and its balance sheet but also in its ability to guide markets through words.
If Trump announces who will be the next Fed chair, Powell's influence could drop to almost zero—markets will start listening to the "shadow Fed chair."
Although Powell's term expires in May 2026, he could lose real control over interest rates much sooner.
