🚨 Trump Calls for Fed Chair Jerome Powell to Resign Amid Congressional Scrutiny
🇺🇸 In a bold escalation of political pressure on U.S. monetary leadership, President Donald Trump has publicly called for Federal Reserve Chair Jerome Powell to resign and face a Congressional investigation.
🔹 The demand comes amid increasing scrutiny over Powell’s recent testimony before the Senate.
🔹 Trump criticized Powell’s refusal to cut interest rates, contrasting it with his actions under the Biden administration.
🔹 The move injects fresh tension into the relationship between U.S. fiscal policy and central bank independence.
📊 Why it matters:
Markets often react sharply to political interference in monetary policy. As inflation cools and rate cut speculation builds, this development could further shake investor confidence and impact broader economic sentiment.
#JeromePowell #Trump #FederalReserve #MonetaryPolicy #InterestRates
https://coingape.com/trump-calls-for-jerome-powell-to-resign-and-face-congress-investigation/?utm_source=bnb&utm_medium=coingape