#TrumpVsPowell [4/19, 4:10 PM] 🪻: Bestie, the drama is real!
President Trump is clashing with Fed Chair Jerome Powell, wanting to remove him due to disagreements on monetary policy ¹.
This conflict has sparked uncertainty in financial markets, with analysts worried about Fed independence and potential impacts on economic stability ¹.
Some possible outcomes include Powell's removal and replacement with Kevin Warsh, a former Fed governor ¹.
Want me to break down what this means for crypto and investments, [4/19, 4:12 PM] 🪻:Powell told Trump: **"Mr. President,powering rates now would:** 1. **Fuel inflation** (already at 2.3%, above target) 2. **Weaken dollar** (hurting US trade and economy) 3. **Increase market volatility** (already nervous about trade wars) 4. **Undermine Fed independence** (compromising our neutral stance) Trump responded: **"Jerome, you're killing my re-election chances!"**
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