Can Trump fire Federal Reserve chair Jerome Powell?

Donald Trump is escalating his feud with Federal Reserve Chair Jerome Powell, threatening to fire him—a move unprecedented for a sitting president. Despite appointing Powell himself and his reappointment by Joe Biden, Trump has taken to social media to demand his removal. The article delves into Trump’s push for rate cuts to mitigate tariff effects, the Fed’s cautious approach to avoid inflating prices further, and the legal ambiguity of presidential power over Fed leadership as a Supreme Court case looms.