#PowellVsTrump
📰 BREAKING: Trump Reconsiders Firing Fed Chair Powell Amid Economic Turmoil
📍 Washington, D.C. | June 21, 2025
Former President Donald Trump is walking back earlier threats to fire Fed Chair Jerome Powell, despite slamming him over “damaging” interest rate policies.
🗣️ “I don’t like what he’s doing with interest rates… but we’ll see. I might change my mind,” Trump said during a recent interview.
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📉 What’s Happening?
• Trump blames Powell for hurting growth & jobs
• The Fed just held rates steady, but flagged slower growth + higher inflation
• Legal reality: A recent SCOTUS ruling now limits presidential power to remove Fed Chairs without cause
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🧠 Why It Matters:
Markets hate uncertainty.
Trump’s comments are already stirring volatility, especially with the next Fed rate decision looming in late July.
Expect reactions across:
💹 Stocks
💵 USD
🪙 Bitcoin (as a hedge)
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