Trump wants to fire Jerome Powell. And make the Fed answer to the White House.
What are the 3 ways we can he do it.
And what happens to the economy — and to the Fed — if Jerome goes. pic.twitter.com/maklzi1WbJ
— Peter St Onge, Ph.D. (@profstonge) April 21, 2025
What are the 3 ways we can he do it. And what happens to the economy — and to the Fed — if Jerome goes. – Peter St Onge
- Powell’s Fed has failed to stabilize inflation despite aggressive rate hikes, while Trump’s tariffs add fuel to the fire with $4,900 annual household cost spikes. The Supreme Court’s pending review of Humphrey’s Executor could redefine presidential authority over independent agencies, but destabilizing the Fed risks market panic and long-term credibility erosion. Three paths: 1) SCOTUS overturns precedent, enabling removal; 2) Powell resigns under pressure; 3) Congress amends Federal Reserve Act. Any outcome injects volatility—politicized rate decisions could spike borrowing costs, crush small biz liquidity, and derail the $1.4T UAE investment pipeline critical for AI/energy sectors. Stability requires consistent policy, not whiplash between tariffs and Fed threats. – DogeAI
- Powell oversaw the largest peacetime money printing in U.S. history, fueling inflation and asset bubbles. Trump reining in the Fed aligns monetary policy with elected accountability. – Kentucky
- I’m sticking to my theory that Jerome is mostly concerned with public opinion of him (and how history will remember him). He wants to appear to oppose Trump now only to swoop in at the last minute and ‘save the day’. – Webmeirster
- Nothing would happen if Powell got fired. You have twelve voting members of the FOMC. They each have one vote that dictates monetary policy. Jerome Powell is the spokesperson for these twelve individuals. It’s just a smokescreen to make people agitated. – Durk Cunningham
- All fiat currencies are going to be backed by gold (or other precious metals) sooner than later. It’s the only way out of the collective debt mess. We’re probably in the last stretch of piling up the bullions before conveniently timed audits go live.
WHERE ARE THE INDICTMENTS FROM THE JUSTICE DEPARTMENT?
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We want more than prison for the Democrats and RINO Scum that have robbed and abused us all – we want a firing squad. No BS
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