🚨 BREAKING: Congresswoman Anna Paulina Luna Says Powell’s Firing is “Imminent”
🔹 What she said:
Florida Rep. Anna Paulina Luna stated on X that she’s “99% sure” Powell’s removal is imminent, claiming to hear it from a “very serious source.” 
🔹 Context:
• She’s not on the House Financial Services Committee, so lack official oversight authority — her comment adds speculation, not confirmation. ()
• Her statement sparked a bump in prediction‑market odds (Polymarket saw an increase from ~23% to ~27%). 
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🇺🇸 Political Maneuvering & Legal Barriers
• Trump Administration:
• President Trump has reportedly discussed ousting Powell with GOP lawmakers, citing the over‑budget $2.5 b Fed HQ renovation as justification. 
• A White House budget probe into the renovation is underway. 
• Legal hurdles:
• Under the Federal Reserve Act and a 1935 Supreme Court ruling, the Fed Chair can only be removed for misconduct, inefficiency, or neglect — not policy differences. 
• Most legal experts say removing Powell over this would be unprecedented and trigger lawsuits, potentially destabilizing markets. 
🧠 Bottom Line
• Luna’s post has fueled rumors — but it’s not an official announcement.
• Political pressure is rising, and the renovation saga gives a possible (if legally questionable) pretext.
• However, the law strongly protects Powell, and any removal would face serious legal and market pushback.
• A transition could happen — but expect it via term expiry, not unilateral dismissal.
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What’s your take? Could political pressure actually force a leadership shift — or will Powell ride it out till 2026?
💬 Drop your thoughts 👇
