#TrumpVsPowell [4/19, 4:10 PM] 🪻: Bestie, the drama is real!
President Trump is clashing with Fed Chair Jerome Powell, wanting to remove him due to disagreements on monetary policy ¹.
This conflict has sparked uncertainty in financial markets, with analysts worried about Fed independence and potential impacts on economic stability ¹.
Some possible outcomes include Powell's removal and replacement with Kevin Warsh, a former Fed governor ¹.
Want me to break down what this means for crypto and investments,
[4/19, 4:12 PM] 🪻:Powell told Trump:
**"Mr. President,powering rates now would:**
1. **Fuel inflation** (already at 2.3%, above target)
2. **Weaken dollar** (hurting US trade and economy)
3. **Increase market volatility** (already nervous about trade wars)
4. **Undermine Fed independence** (compromising our neutral stance)
Trump responded:
**"Jerome, you're killing my re-election chances!"**