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🖥 According to many sources, President Trump is studying whether he has the ability to fire Fed Chairman Jerome Powell. ⁉️In fact, President Trump does not have the right to directly fire Federal Reserve Chairman Jerome Powell, because US law protects the independence of the Fed According to the Federal Reserve Act, the Fed chairman can only be removed for reasons - such as serious misconduct or incapacity, policy disagreement with the president Not included in the above reasons. ℹ️ Mr. Powell's term will end in May 2026, early dismissal will face major legal barriers and the risk of losing confidence in the independence of the Fed (unprecedented).
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