šØ Powell Crisis Goes Global
Tensions surrounding Fed Chair Jerome Powell are intensifyingāš±āand now the international community is taking notice. Franceās Finance Minister has warned that removing Powell could undermine global trust in the U.S. dollar and destabilize the broader economy.
Former President Trump is turning up the heat, insisting Powellās removal ācanāt come soon enough.ā However, legally ousting the Fed Chair is no simple taskāhe can only be removed āfor cause,ā and differences in policy arenāt enough.
Markets are feeling the pressure: stocks are volatile, the dollar is wavering, and Senator Elizabeth Warren is calling for urgent measures to safeguard the Fedās independence.
What started as a domestic clash is now a high-stakes global concern.