#TrumpVsPowell 🔴🔴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.
The bottom line:
The Fed holds enormous sway over the economy, and Powell made it clear:
“The more pressure, the stronger I stand.”
Internet reactions are priceless:
“Trump: Please resign! Powell: Nah.”
“The Fed Chair: Serving the economy, not the ego.”
“Next episode: Powell vs. Presidential Pressure—stay tuned!”