JUST IN: 🇺🇸 President Trump says anyone would be better than Fed Chair Jerome Powell.
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If Trump were able to remove Fed Chair Jerome Powell and install someone fully loyal, he could potentially gain more control over monetary policy — allowing him to pump markets before elections and crash them after for political gain. This kind of influence would undermine the Fed’s independence, shake investor confidence, and open the door to dangerous market manipulation driven by politics rather than economics.
