What happens when Trump eventually fires/replaces Powell? What happens when Trump eventually fires/

[human1234]

What happens when Trump eventually fires/replaces Powell?

What happens when Trump eventually fires/replaces Powell? 

He’ll probably replace him with a DUI hire like hegseth or a yes man like Bessent. My bet is the market would react, negatively, very negatively to the news.

Powell has handled inflation and covid decently well. Managed through Trumps first term and was re-elected by Biden even though Powell is a registered republican. 

My prediction is it will be seen as massive loss in federal banking stability and result in a crash in DXY. DXY could go to 90 in first 24h and S&P to 4500 as foreign investors start trumping treasuries to get ahead of Turkey like chaos. 

Further, we could also see increased selling of bonds and yields hitting 5%. 
We could see a double whammy of 08 like financial panic with tariffs induced geopolitical damage. 

 

https://www.reddit.com/r/wallstreetbets/s/B97XRJejbJ

[human1234]

MAGA @krishnaaaand @Mancode

[CanadianMalodu]

37 minutes ago, human1234 said:

What happens when Trump eventually fires/replaces Powell?

What happens when Trump eventually fires/replaces Powell? 

He’ll probably replace him with a DUI hire like hegseth or a yes man like Bessent. My bet is the market would react, negatively, very negatively to the news.

Powell has handled inflation and covid decently well. Managed through Trumps first term and was re-elected by Biden even though Powell is a registered republican. 

My prediction is it will be seen as massive loss in federal banking stability and result in a crash in DXY. DXY could go to 90 in first 24h and S&P to 4500 as foreign investors start trumping treasuries to get ahead of Turkey like chaos. 

Further, we could also see increased selling of bonds and yields hitting 5%. 
We could see a double whammy of 08 like financial panic with tariffs induced geopolitical damage. 

 

https://www.reddit.com/r/wallstreetbets/s/B97XRJejbJ

Powell will stay for one more year. His full term as a board member is well into 2028. Not happening. 

[lollilolli2020]

3 minutes ago, CanadianMalodu said:

Powell will stay for one more year. His full term as a board member is well into 2028. Not happening. 

can he be fired ?

[ErraBook_monagadu]

will be shipped to El Salvador 

[CanadianMalodu]

7 minutes ago, lollilolli2020 said:

can he be fired ?

He didn't fire him last time. I don't think he would do anything this time. 

[krishnaaa]

52 minutes ago, human1234 said:

What happens when Trump eventually fires/replaces Powell?

What happens when Trump eventually fires/replaces Powell? 

He’ll probably replace him with a DUI hire like hegseth or a yes man like Bessent. My bet is the market would react, negatively, very negatively to the news.

Powell has handled inflation and covid decently well. Managed through Trumps first term and was re-elected by Biden even though Powell is a registered republican. 

My prediction is it will be seen as massive loss in federal banking stability and result in a crash in DXY. DXY could go to 90 in first 24h and S&P to 4500 as foreign investors start trumping treasuries to get ahead of Turkey like chaos. 

Further, we could also see increased selling of bonds and yields hitting 5%. 
We could see a double whammy of 08 like financial panic with tariffs induced geopolitical damage. 

 

https://www.reddit.com/r/wallstreetbets/s/B97XRJejbJ

Jerome Powell leaving would be good news for the market.

 

[CanadianMalodu]

1 minute ago, krishnaaa said:

Jerome Powell leaving would be good news for the market.

 

How ?

[bithrisathiiiii]

1. Legal Hurdles

• Can a president fire the Fed Chair?

  • The Federal Reserve Act doesn’t explicitly allow the president to fire the Fed Chair without cause. Powell’s current term as Chair runs until May 2026. Removing him early would likely trigger a legal battle unless "cause" is clearly established (which would be very difficult).

  • In short: it's not easy, and would likely go to court.

[Bulls_Rose]

If this pace continues tatha will replace in year not powell

[Pavanonline]

32 minutes ago, lollilolli2020 said:

can he be fired ?

constitutionally yes, but it'll be court fight. his term will end next year anyway

[Hitman]

2 hours ago, krishnaaa said:

Jerome Powell leaving would be good news for the market.

 

Endi వయ్యా ఇదెదొ personal grudge అన్నట్టు చెపుతున్నావు . ఎవడు వచినా country కి ఎది మంచిది అయితే అది చెస్తారు కాని ఒక politician కోసమ్F చెస్తారా ? FED is not just 1 person and this person is not acting at his own level. It is group of people.

[Sucker]

40 minutes ago, Hitman said:

Endi వయ్యా ఇదెదొ personal grudge అన్నట్టు చెపుతున్నావు . ఎవడు వచినా country కి ఎది మంచిది అయితే అది చెస్తారు కాని ఒక politician కోసమ్F చెస్తారా ? FED is not just 1 person and this person is not acting at his own level. It is group of people.

Only Bokkal daayer Dump can think about USA migatha antha politicians ani decided. Light muchata inka. 

[Mancode]

5 hours ago, human1234 said:

What happens when Trump eventually fires/replaces Powell?

What happens when Trump eventually fires/replaces Powell? 

He’ll probably replace him with a DUI hire like hegseth or a yes man like Bessent. My bet is the market would react, negatively, very negatively to the news.

Powell has handled inflation and covid decently well. Managed through Trumps first term and was re-elected by Biden even though Powell is a registered republican. 

My prediction is it will be seen as massive loss in federal banking stability and result in a crash in DXY. DXY could go to 90 in first 24h and S&P to 4500 as foreign investors start trumping treasuries to get ahead of Turkey like chaos. 

Further, we could also see increased selling of bonds and yields hitting 5%. 
We could see a double whammy of 08 like financial panic with tariffs induced geopolitical damage. 

 

https://www.reddit.com/r/wallstreetbets/s/B97XRJejbJ

Downvote ledu lekapothe pakka guddhevadni, a powell gadu oka nasty mfker ,don't know basic economics,vadi gurinchi entha takkuva matladkunte antha better

[Rendu]

4 hours ago, ErraBook_monagadu said:

will be shipped to El Salvador 

No Guantanamo bay