$XRP
YOU CAN’T MAKE THIS UP -- THIS WAS SAID ON LIVE TV
Donald Trump went on national TV and said mortgage rates are falling without help from the Fed, then flat-out said Jerome Powell “will be gone soon” and called him a jerk.
🤯
Right now the U.S. Department of Justice is investigating Powell, a move many see as political pressure to force interest rate cuts. Critics -- including former Fed officials and top GOP senators -- warn this threatens the Fed’s independence.
And here’s the kicker: the Supreme Court is about to take up Trump’s broader Fed fight next week, including cases that could determine how much control the president actually has over Fed leadership.
This may viewed like a casual shot at Powell, but the backdrop is institutional authority, central bank independence, and macro risk getting politicized in real time.
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