🏛️ Trump vs. Powell? Supreme Court May Shift Fed Power Balance

A looming Supreme Court decision could hand Trump the authority to fire Fed Chair Jerome Powell—shaking the foundation of U.S. monetary independence.

🔹 Current law shields the Fed from political interference

🔹 But this ruling might upend that, giving presidents more control

🔹 Markets watch closely—Powell’s removal could trigger rate cuts + volatility

🗣️ Schwab’s Kathy Jones: “He’s very keen to fire Powell and lower rates.”

Flashback to Nixon-era Fed pressure? Investors haven’t forgotten what that sparked. 📉

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