Rumors are circulating over the internet, that US president Donald Trump may fire FED chair Jerome Powell. Crypto markets are on edge as pundits believe this may go both ways. But, real question is, can US president actually fire a FED chair? US President Cannot Fire a FED chair, Legally Jerome Powell was appointed as FED chairman by Donald Trump himself in February, 2018. He was again renominated for the second term by former US president Biden in 2021. Jerome Powell is a currently serving as a FED board member and his current tenure of 4 years as a FED chairman will end in May 2026. Lately, both FED chairman and US president have not seen eye to eye over the differences on the tariffs and economic policies. They have often clashed publicly and critiqued each other’s approach to geopolitics and economics. Recently, as reported by coingape, president Trump asked… Read More at Coingape.com
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