What Could Happen To Global Financial Markets If Trump Fires Fed Chair Powell?
- 5 years ago
President Donald Trump has repeatedly lashed out at Federal Reserve Chair Jerome Powell about rising interest rates.
It's no secret Trump has mulled firing Powell. But while experts say he could technically do so, the process would be tricky.
And according to Business Insider, such a move could do real damage to financial markets in the long run.
I'm guessing the markets would react very badly to his firing.
It's no secret Trump has mulled firing Powell. But while experts say he could technically do so, the process would be tricky.
And according to Business Insider, such a move could do real damage to financial markets in the long run.
I'm guessing the markets would react very badly to his firing.