#TrumpVsPowell
**Powell Holds Firm as Trump Calls for Resignation — A Political Standoff Unfolds**
**Trump (shouting):** “Powell! Resign now!”
**Powell (calmly):** “You don’t have the authority to fire me.”
**Trump (pleading):** “Come on, I’m begging you!”
**Powell (unmoved):** “Not going to happen.”
**What’s really going on?**
The President does *not* have the power to directly remove the Federal Reserve Chair. The Fed Chair is appointed to a 14-year term and can only be dismissed through a formal process—not because of presidential frustration or public pressure.
**Throwback to 2018:**
Powell raised interest rates. Markets dipped. Trump was furious, likening it to “getting kicked by a donkey.” But even then, he couldn’t oust Powell.
**The takeaway:**
The Federal Reserve plays a critical, independent role in the economy. Powell’s message is clear:
**“The more pressure, the stronger I stand.”**
**Online reactions summed it up best:**
- “Trump: Please resign! Powell: Nah.”
- “The Fed Chair: Serving the economy, not the ego.”
- “Next time on *The Fed and the Furious*: Powell vs. Presidential Power.”