#PowellVsTrump
🧨 Trump vs. Fed Chair Powell — When Economics Becomes Political
Trump doesn’t trust Powell
→ He hinted Powell has “problems” and may already be under investigation.
Fire Powell? Not yet
→ Trump said he won’t fire Powell unless there’s fraud tied to the Fed building renovation — a pretext many are calling suspicious.
Powell = Political Scapegoat
→ “If the economy crashes, I’ve got a scapegoat until May 2026.”
→ Trump clearly sees Powell as a buffer against economic fallout.
Lawmakers push back
Sen. Tillis: “Firing the Fed Chair over policy would damage U.S. credibility.”
House Speaker Johnson: “New leadership would be helpful at the Fed.”
Sen. Warren: “The renovation excuse is a cover for removing Powell.”
Markets on edge
→ With inflation still hot and interest rates uncertain, Trump’s feud with Powell adds fuel to an already volatile market.
#TrumpCrypto #Fed