Odaily News "Fed mouthpiece" Nick Timiraos stated in a post on the X platform that if Trump attempts to remove Fed Chair Powell, it could trigger a protracted standoff. The Fed has independent office space and security authority, and Powell may insist on remaining in office until a court ruling or Senate confirmation of a successor.
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Fed mouthpiece: If Trump attempts to dismiss Powell, it may trigger a legal range-bound.
Odaily News "Fed mouthpiece" Nick Timiraos stated in a post on the X platform that if Trump attempts to remove Fed Chair Powell, it could trigger a protracted standoff. The Fed has independent office space and security authority, and Powell may insist on remaining in office until a court ruling or Senate confirmation of a successor.