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Posted: 2025-04-18 16:21:52 UTC
Status
Last Updated
2025-04-18 16:22:29 UTC
Verified By
Rollup News
Donald Trump claims he has the authority to remove Jerome Powell from his position as Federal Reserve Chair if he were to ask him to.
Potential impact on the Federal Reserve's independence.
Market reaction to the uncertainty surrounding Powell's position.
Political implications of a president interfering with the Fed.
The legality and feasibility of a president removing the Federal Reserve Chair.
Potential damage to the Fed's credibility and independence.
Economic instability resulting from political interference.