#TrumpVsPowell
The Showdown Explained
What happened?
Trump demanded Fed Chair Jerome Powell’s resignation — but Powell refused.
Can Trump fire Powell?
No.
• The Federal Reserve Chair serves a 14-year term.
• Removal requires proven “cause” and a formal legal process — not a simple presidential order.
Why the tension?
In 2018, Powell raised interest rates.
Markets dropped.
Trump was furious, saying it felt like “being kicked by a donkey.”
Why it matters:
The Fed must remain independent to protect the economy from political influence.
Powell made it clear:
“Pressure doesn’t move me — facts do.”
Internet’s take:
• “Trump: Step down!
Powell: Nice try.”
• “Fed Chair: Serving the economy, not egos.”
