This showdown between Trump and Powell perfectly highlights the independence of the Federal Reserve! Despite Trump’s frustration and intense pressure, Powell stood his ground, reminding everyone that the Fed operates outside the direct control of the President. It’s a fascinating dynamic because, while Trump could tweet, yell, or plead, Powell’s term is protected by law, and he can only be removed through very specific processes. The real takeaway? The Federal Reserve, not the White House, calls the shots when it comes to critical economic decisions. A powerful reminder of how certain institutions in the U.S. government maintain their autonomy.
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