iNews

Trump SCARED of SCOTUS Ruling Devises NEW PLAN

Thumbnail

In a stunning turn of events, former President Donald Trump is ramping up his pressure campaign to oust Federal Reserve Chairman Jay Powell, despite a recent Supreme Court ruling that effectively shields Powell from being fired without cause. Trump’s desperation is palpable as he reportedly brandishes a resignation letter for Powell, seeking to rally his MAGA supporters and Republican legislators to back his agenda.

The Supreme Court’s May ruling, which Trump’s allies had hoped to circumvent, made it clear that Powell’s position is fortified by legal protections. The six-three MAGA majority explicitly stated that the Federal Reserve operates under unique constraints that prevent the president from arbitrarily dismissing its leadership. This ruling has become a significant hurdle for Trump, who is determined to reshape the Fed’s policies to suit his economic agenda, primarily aimed at lowering interest rates and reviving his faltering economic legacy.

Trump’s tactics have included mobilizing MAGA influencers to attack Powell publicly, framing his leadership as a failure due to alleged overspending on the Fed’s renovation project. Behind the scenes, Trump is reportedly consulting with key figures in his administration, including potential replacements for Powell, as he pushes for a narrative of fraud surrounding the Fed’s operations.

The stakes are high: if Trump succeeds in forcing Powell out, analysts warn of a potential downgrade in the nation’s credit rating, which would have dire implications for everyday Americans. As Trump’s campaign intensifies, the pressure on Powell mounts, leaving many to wonder how long he can withstand the onslaught. With the economic stability of the country hanging in the balance, the coming days will be crucial in determining whether Powell will remain at the helm of the Federal Reserve or succumb to Trump’s relentless pursuit of control.

Related Posts

What They Found in John Wayne’s Estate Will Leave You STUNNED

**What They Found in John Wayne’s Estate Will Leave You STUNNED** In a shocking revelation, the contents of John Wayne’s estate have been unearthed, revealing secrets that have…

Wander Franco Le Dio Un Porche y 7Millones a Las Personas Del Problema Para Que LeQuiten La Querella

Wander Franco, la estrella de las Grandes Ligas, se encuentra en el centro de una controversia explosiva tras haber ofrecido un Porsche valorado en 400,000 dólares y 7…

¿Por Qué Edgardo Gazcón Revela Su Solitaria Vida Sin Hijos ni Esposa? ¡La Impactante Razón Te Sorprenderá!

**Edgardo Gascón Revela la Triste Realidad Detrás de Su Vida Sin Hijos ni Esposa** En un giro sorprendente que ha conmocionado a sus seguidores, Edgardo Gascón, el icónico…

Airbus Just Revealed the A380 COMEBACK & Just SHOCKED Everyone! Here’s Why

In a stunning turn of events, the Airbus A380, once deemed a relic of the past, is making a jaw-dropping comeback in 2025, shocking the aviation world. After…

Charmed (1998) Cast Then and Now 2024

In a stunning revelation that has fans buzzing, the beloved cast of “Charmed” is reuniting for a special retrospective in 2024, igniting nostalgia and excitement among the show’s…

Cooper Flagg (16) Is Already Better Than Most NBA Players!

In a stunning revelation that has sent shockwaves through the basketball community, 16-year-old Cooper Flagg is already being hailed as a player who surpasses many current NBA stars….

Leave a Reply

Your email address will not be published. Required fields are marked *