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Jeanie Portaro aw4k
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Explore my portfolio mix. Follow to see how I invest!
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#TrumpVsPowell Powell refuses Trump’s demand to resign—what a showdown! Trump shouts: “Powell! Resign now!” Powell calmly replies: “You can’t fire me like that.” Trump pleads: “Come on, I’m begging you!” Powell stays firm: “Not happening!” Here’s the deal: The President can’t directly fire the Fed Chair. Why? Because the Fed Chair serves a 14-year term and can only be removed through official procedures—not just by yelling. Throwback to 2018: Powell hiked interest rates, markets dipped, and Trump was furious—called it “like getting kicked by a donkey!” But still, he couldn’t force Powell out. Bottom line: The Fed holds major financial power. Trump pushed hard, but Powell didn’t budge: “The more pressure, the stronger I stand.” Internet's loving it: “Trump: Please quit! Powell: Nope! Loop continues…” “The Fed: I answer to the economy, not the President!” “Next episode: ‘Powell vs Pressure!’” Fun fact: The Federal Reserve runs the economy’s engine. The President may yell, but the Fed doesn’t flinch.
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