#TrumpVsPowell

Chairman Jerome Powell clash over monetary policy. Trump demands lower interest rates, citing falling oil prices and his tariffs—10% on imports, up to 145% on Chinese goods—as economic boons. He threatens to fire Powell, claiming authority. Powell defends the Fed’s independence, warning tariffs could spike inflation by 1.5%, risking economic stability. Legal protections make Powell’s removal tricky, and markets waver amid the feud. Public opinion splits: some back Powell’s data-driven stance, others see it as defiance. The conflict tests the Fed’s autonomy and U.S. economic resilience.