He just said he’d fire the Fed Chair. 🔥
In a Fox Business interview, former President Trump escalated his threats against Jerome Powell. He stated he would remove Powell if he doesn’t leave the board when his term as Chair ends.
It’s a direct challenge to the Fed’s independence.
This raises a huge question about economic stability if there’s a second term. Would the central bank be able to fight inflation without political pressure?
What do you think happens to interest rates if the Fed isn’t independent? 🤔
#FederalReserve #Election2024
📸 (Image: AI Illustration)
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