Trump and the plan to take over the FED – A gamble of historical power

Chairman Powell is probably going through the worst days of his career. In just one month, President Trump has publicly called for his resignation three times. Not stopping there, the White House also dug up the case of the Fed spending $2.1B to build a new headquarters in Washington - threatening to sue Powell for wasting taxpayer money in the context of economic difficulties.

Behind this "war of words" is a much larger plan. Not only Powell, Trump is implementing a comprehensive strategy to take over the Fed, turning this agency into a tool to serve political goals.

👉 Why is Trump determined to control the FED? What will the market look like when the FED loses its independence?