#TrumpVsPowell showdown!
Trump shouts: “Powell! Resign now!”
Powell calmly replies: “You can’t fire me like that.”
Trump pleads: “Come on, I’m begging you!”
Powell stays firm: “Not happening!”
Here’s the deal:
The President can’t directly fire the Fed Chair.
Why? Because the Fed Chair serves a 14-year term and can only be removed through official procedures—not just by yelling.
Throwback to 2018:
Powell hiked interest rates, markets dipped, and Trump was furious—called it “like getting kicked by a donkey!” But still, he couldn’t force Powell out.
Bottom line:
The Fed holds major financial power. Trump pushed hard, but Powell didn’t budge: “The more pressure, the stronger I stand.”