#TrumpVsPowell The #TrumpVsPowell hashtag encapsulates the ongoing feud between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell in 2025, centered on monetary policy and interest rates. Trump has repeatedly demanded Powell lower interest rates, arguing that low inflation, falling oil prices, and tariff revenues justify cuts to boost economic growth. He has called Powell a “major loser” and threatened his “termination,” claiming Powell’s inaction risks slowing the economy. Posts on X, like @cnnbrk and @krassenstein, highlight Trump’s frustration, with some users speculating about a Supreme Court bid to gain authority to fire Powell.Powell, whose term ends in May 2026, maintains the Fed’s independence, asserting that Trump lacks legal power to remove him except for “cause” (misconduct, not policy disputes). He warns that Trump’s sweeping tariffs, implemented in April 2025, could fuel inflation (potentially by 1.5%) and slow growth, creating a “stagflation” scenario that complicates the Fed’s dual mandate of price stability and maximum employment. The Fed has held rates steady at 4.25–4.5% since early 2025, with Powell emphasizing caution amid tariff-driven uncertainty.Market reactions have been volatile: the S&P 500 fell 9% since the April 2 tariff announcement, with a 90-day tariff pause on April 9 sparking a brief rally. Advisers like Treasury Secretary Scott Bessent caution Trump against firing Powell, citing risks of market panic and legal challenges. A Supreme Court case on agency independence could shift the balance, but Powell insists the Fed’s autonomy is legally protected.Want details on tariff impacts, market forecasts, or Binance’s crypto role in this context?