Anonymousabout 4 hours ago
President Trump threatened on April 15, 2026 to fire Federal Reserve Chair Jerome Powell if he does not vacate his position when his term as chair expires on May 15, escalating a confrontation that has drawn in the Justice Department, the Supreme Court, and global financial markets. The standoff raises fundamental questions about central bank independence, the legal limits of presidential removal power, and the economic consequences of politicizing monetary policy — with precedents from Turkey and Argentina serving as cautionary examples.