#TrumpVsPowell
Trump Reportedly Wants to Fire Jerome Powell — A Historic First in the Making?
Big news from the White House: Former President Donald Trump is reportedly considering removing Jerome Powell as Chair of the Federal Reserve — something that’s never happened in modern U.S. history.
This isn’t the first time Trump and Powell have clashed. Trump, who appointed Powell during his presidency, has often criticized him for not cutting interest rates fast enough to boost the economy and stock market — especially leading up to elections.
Powell, on the other hand, stood firm. He’s long argued that the Fed must stay independent and base its decisions on economic data, not politics. That ongoing tension between the two has sparked serious concerns about political pressure creeping into monetary policy.
If Trump follows through, it could shake up not just the Fed — but the entire financial system.
Could this be the biggest showdown yet over Fed independence? Or a bold move for economic change?
Let’s hear what you think.
Trump Vs Powell