Trump Appears to Be Setting Up a Confrontation with Powell

Tuesday, April 22, 2025

President Donald Trump on Monday ratcheted up his pressure campaign on Federal Reserve Chairman Jerome Powell, calling him a "major loser" ...

Posted by OCUser at 05:30 PM | 12 COMMENTS | permalink

Stocks and bonds would likely sell off sharply if President Donald Trump makes a move to get rid of Federal Reserve Chair Jerome Powell, Evercore ISI's vice chairman, Krishna Guha, said Monday.

[image or embed]
-- CNBC (@cnbc.com) April 21, 2025 at 5:00 PM

Comments

Quick Question for Republicans:

Who nominated Powell for this job anyway?

#1 | Posted by snoofy at 2025-04-21 07:38 PM

Fat Donnie Traitor needs an intervention

#2 | Posted by LegallyYourDead at 2025-04-21 09:18 PM

Multiple analyses I've read point to Trump replacing Powell with a lacky as the tipping point where we will truly fall into Banana Republic status and the economy will begin to crumble.

Don't worry, though, I'm sure the courts will release sternly worded letters telling the administration they can't physically remove Powell and cut off his access while DOGE minions move in.

#3 | Posted by jpw at 2025-04-22 04:03 PM

I had read an article about how Trump wants to get his hands on the federal reserve.

Bottom line was, it's really going to fkkk up the dollar.

Putin has got to be happy with everything Trump is doing.

#4 | Posted by ClownShack at 2025-04-22 04:13 PM

#4: The Russian diplomatic courier from their embassy delivered this missive to Trumpf at the White House: hoshanarabbah.org

#5 | Posted by C0RI0LANUS at 2025-04-22 04:17 PM

#4: And Felon Musk wants to inspect the gold with Dotard Trumpf at Fort Knox, KY. What economic sabotage are these two blackguards up to? Link: www.timesnownews.com

#6 | Posted by C0RI0LANUS at 2025-04-22 04:27 PM

Trump has caused so much dismay in America people aren't paying any attention DOGE anymore.

#7 | Posted by ClownShack at 2025-04-22 04:30 PM

#7: I think you're right about that. Abnormalcy is the new normalcy in Trumpf's Amerika. Thanks a heap, Republican voters.

#8 | Posted by C0RI0LANUS at 2025-04-22 04:40 PM

"Multiple analyses I've read point to Trump replacing Powell with a lacky as the tipping point"

That would do it.

Bull in the China shop is one thing.

Giving the pyro the keys to Fort Knox is a different story.

#9 | Posted by snoofy at 2025-04-22 05:30 PM

... President Donald Trump on Monday ratcheted up his pressure campaign on Federal Reserve Chairman Jerome Powell, ...

I said in an earlier thread on the back page...

Pres Trump seems to know that his whimsical tariff approach is having a bad effect upon the economy. Trying to deflect away from that, he has turned to attacking Fed Chair Powell about not lowering interest rates.

#10 | Posted by LampLighter at 2025-04-22 05:43 PM

Multiple analyses I've read point

#3 | Posted by jpw at 2025-04-22 04:03 PM | Reply | Flag:

Let me guess, dUh rOlLiNg sTone!

#11 | Posted by lfthndthrds at 2025-04-22 09:16 PM

As of April 23, the fat orange etc. has backed off. I suspect he got as stern a talking to as could be given, by Bessent and a number of CEO types all of whom said doing so would crash the capital markets in the US. A Trump toady as a replacement would have caused widespread panic and perhaps a depression, with Trump to blame. Almost all MAGA politicians would have disappeared, burning their long red ties along the way ...

#12 | Posted by catdog at 2025-04-23 01:21 PM

Drudge Retort Headlines

SCOTUS Gives Trump a Win on Birthright Citizenship, More (133 comments)

Feds Cut Satellite Data Crucial to Tracking Hurricanes (26 comments)

SCOTUS Upholds S.C. Ban on Planned Parenthood Funds (24 comments)

Andrew Cuomo Staying on NYC Ballot for Mayor (24 comments)

Trump Terminates Trade Talks with Canada (16 comments)

Doge Employee 'Big Balls' has Resigned (16 comments)

AI Could Become Conscious -- What If They Hate Their Lives? (14 comments)

Pete Hegseth to Fox Reporter: 'You've Been the Worst!' (13 comments)

Is DOGE Doomed to Fail? Some Experts Are Ready to Call It (13 comments)

Trump's Economy Is Coming Into Focus; It's Not Looking Good (12 comments)