Powell rejects Trump's resignation request! This power struggle is beyond imagination!
Trump angrily shouts: "Powell! Sign a resignation letter on your knees!"
Powell calmly responds: "It's useless to plead, this governor can't be fired!"
Trump, unwilling to back down: "I'm begging you, I'm begging you!"
Powell ruthlessly refuses: "Impossible! My position as Chairman of the Federal Reserve is unshakable!"
Key truth: The Chairman of the Federal Reserve is not easily removed!
Independence of the Federal Reserve: The Chairman of the Federal Reserve has a 14-year term, and the President has no direct authority to dismiss them; at most, they can only exert pressure or wait for the results of a hearing.
Trump's dilemma: In 2018, Powell's interest rate hike triggered a stock market crash, and Trump angrily cursed, "It's like my head was kicked by a donkey," but he had no way to counter it.
The game between the President and the Federal Reserve: The power of the Federal Reserve is comparable to the "financial nuclear button," and Trump's attacks are like declaring war, while Powell calmly responds: "The more you plead, the more unyielding I become!"
Netizens' hot comments:
"Trump: I'm begging you! Powell: No, you beg me! -- Looping play"
"Federal Reserve: My fate is in my own hands, not yours!"
"Suggest turning it into a series: 'Federal Reserve: This pot I won't carry'"
Knowledge point: The Federal Reserve is the "guardian of the economic lifeline," and the President can only exert pressure through "verbal attacks" without directly interfering with its functions.