#TrumpVsPowell
Donald Trump is reportedly considering removing Federal Reserve Chairman Jerome Powell from office, according to former White House advisor Kevin Hassett. Trump discussed this possibility with Kevin Warsh, a former Fed official, who advised against it, suggesting Powell should serve out his term. Trump made strong public comments, stating, "If I wanted to remove him, he’d be gone very quickly. Believe me!" He also reaffirmed his stance on tariffs, saying, "If countries don’t want to make a deal, we’ll do it for them." Meanwhile, Powell cautioned that tariffs could have lasting inflationary effects. The market is closely monitoring these developments, with Trump's potential influence over the Fed drawing significant attention.