#TrumpVsPowell

According to a White House official, Trump is actually considering removing Jerome Powell as Fed Chairman. While that's not entirely accurate, if it were to happen, it would be the first time in modern US history that a sitting Fed chairman has been fired.A choice between Donald and Jerome Powell has become central to discussions about the Federal Reserve.During his presidency, Trump repeatedly criticized Powell, whom he appointed as Fed chairman, for not cutting interest rates aggressively enough to stimulate the economy. Trump believed that lower rates would boost economic growth and the stock market,But Powell maintained that the Fed should act independently based on economic data rather than political pressure. Their ongoing tensions have raised concerns about the political influence on monetary policy. It is only a matter of time before the Trump-Powell feud has an economic impact.