The Endgame Begins: Federal Reserve on the Brink, XRP Rising as the New Standard ⚖️🔥💸

Yes, President Donald Trump has publicly expressed his desire to remove Federal Reserve Chair Jerome Powell from office. On April 17, 2025, Trump intensified his criticism by stating on his social media platform, Truth Social, that “Powell’s termination cannot come fast enough!” He accused Powell of being “too late and wrong” for not lowering interest rates in line with the European Central Bank’s actions . ✍🏿

Despite these statements, the legal authority to remove the Fed Chair is limited. According to the Federal Reserve Act, a Fed Chair can only be dismissed “for cause,” which traditionally refers to misconduct or incapacity, not policy disagreements. No Fed Chair has ever been removed by a President for policy reasons . 🌱

This situation raises concerns about the independence of the Federal Reserve, an institution designed to operate free from political pressure to ensure stable economic stewardship. The ongoing tension between the executive branch and the Fed could have significant implications for financial markets and the broader economy. 👑