#TrumpVsPowell
Powell, cool as ever: “You can’t just fire me like that.”
Trump, frustrated: “Come on, I’m begging you!”
Powell, unshaken: “Not happening.”
What’s really going on?
The President can’t directly fire the Federal Reserve Chair. The Fed Chair serves a 14-year term and can only be removed for cause through a formal process—not presidential pressure.
Flashback to 2018:
Powell raised interest rates. Markets dropped. Trump was furious, saying it felt “like getting kicked by a donkey!”
Still, Powell didn’t move an inch.
Bottom line:
The Fed is powerful—and independent. Trump pushed. Powell stood his ground:
“The more pressure, the stronger I stand.”
The internet’s eating it up:
“Trump: Please quit! Powell: Nope!”
“The Fed: I answer to data, not drama.”
“Next time on Powell vs. Pressure!”
Fun fact:
The Federal Reserve powers the U.S. economy. Presidents may yell, but the Fed doesn’t flinch.