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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.#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.#TrumpVsPowell
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The statement "JUST IN: 🇺🇸 Fed Chair Jerome Powell says US economy is solid despite uncertainty" means: Jerome Powell, the head of the U.S. Federal Reserve (the central bank), is saying that: The U.S. economy is performing well — it's growing, jobs are stable, and consumer spending is strong. ••Despite uncertainty, such as: ••Global economic issues (like conflicts or slowdowns in other countries) ••Inflation concerns ••Interest rate decisions ••Market volatility Even with these unpredictable factors, Powell believes the foundation of the U.S. economy remains strong. ---> In short: things are going well economically, even if there are some unknowns ahead. #PowellRemarks
The statement "JUST IN: 🇺🇸 Fed Chair Jerome Powell says US economy is solid despite uncertainty" means:
Jerome Powell, the head of the U.S. Federal Reserve (the central bank), is saying that:
The U.S. economy is performing well — it's growing, jobs are stable, and consumer spending is strong.
••Despite uncertainty, such as:
••Global economic issues (like conflicts or slowdowns in other countries)
••Inflation concerns
••Interest rate decisions
••Market volatility
Even with these unpredictable factors, Powell believes the foundation of the U.S. economy remains strong.
---> In short: things are going well economically, even if there are some unknowns ahead. #PowellRemarks
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