$ETH Powell Stands His Ground as Trump Demands Resignation — What a Showdown!

Trump, shouting: “Powell! Resign now!”

Powell, cool as ever: “You don’t have the power to fire me.”

Trump, exasperated: “Come on, I’m begging you!”

Powell, unshaken: “Not gonna happen.”

Here’s the scoop:

The President can’t directly fire the Federal Reserve Chair.

Why? The Fed Chair serves a 14-year term and can only be removed through formal procedures—not presidential pressure or public outbursts.

Flashback to 2018:

Powell raised interest rates. The markets reacted. Trump was livid—said it felt “like getting kicked by a donkey!” But even then, he couldn’t push Powell out.