#TrumpVsPowell Trump vs. Powell: The Showdown That Shook the Fed
Trump demands: “Powell, resign—now!”
Powell replies, cool as ever: “You don’t have that kind of power.”
Trump, switching gears: “Please? I’m begging you!”
Powell, unshaken: “Still a no.”
Here’s the scoop:
The President can’t just fire the Federal Reserve Chair. It’s not like dismissing a cabinet member. The Fed Chair serves a 14-year term and can only be removed for cause, through official legal channels—not public outbursts.
Flashback to 2018:
Jerome Powell raised interest rates. The stock market flinched. Trump fumed.
He compared it to “getting kicked by a donkey.” Still, his hands were tied—he couldn’t force Powell out.
Why this matters:
The Fed is the powerhouse behind America’s economy. It's meant to stay independent—free from political tug-of-war. Trump applied pressure, but Powell didn’t blink.
Powell’s stance?
“The more pressure I face, the stronger I stand.”
Internet's take:
“Trump: Resign! Powell: Nope. Repeat.”
“The Fed: Answering to inflation, not frustration.”
“Coming soon: ‘Powell vs. Pressure: Rate Wars’”
Fun fact:
The Federal Reserve isn’t part of the President’s toolbox. It’s more like the engine room of a massive ship—steering the economy with care, not chaos.
Bottom line:
Trump shouted. Powell stayed put.
The Fed remains independent.
And the internet? Popcorn in hand.