Thursday Jul 17, 2025

Sen. Warren: Dumping Powell Would ’Bring Down’ Markets

Could Trump firing the Fed Chair crash the economy? Senator Warren warns that Trump's attacks on Jerome Powell undermine the Fed's independence and threaten financial markets. She fears a politically motivated Fed would jeopardize economic stability, while Trump defends his criticism, citing high interest rates. Is the Fed's independence at risk, and what are the potential consequences for Americans?

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