#TrumpVsPowell

Here’s a concise 100-word summary of the conflict between Trump and Powell:

President Trump escalated his feud with Federal Reserve Chair Jerome Powell, demanding his termination for not cutting interest rates aggressively. Trump accused Powell of being "too late and wrong," contrasting the Fed’s stance with the ECB’s rate cuts . Powell defended the Fed’s independence, stating tariffs could spur inflation and slow growth, complicating monetary policy . Legal experts debate whether Trump can fire Powell, as Fed chairs are protected by law except for "cause" . The clash highlights tensions over economic policy, with Trump blaming Powell for potential recession risks tied to tariffs .