The comments came after the Supreme Court indicated that President Donald Trump does not have the authority to arbitrarily fire Fed Chair Jerome Powell.
Though if you read through either version it’s a chaotic bag of both denying and confirming. Ultimately seems like he told a room of Republicans he would, then denied he would after? So who knows.
My read is that he is absolutely going to fire him at some point in the near future, but he wants to to be a shock so he can financially position himself for maximum gain before and after.
Agreed. The chaos is just for kicks and PR so the pundits and politicians can claim with a straight face that he said he wouldn’t. No doubt on my end that he ultimately intends to do it.
CNBC changed the title and article contents. Version prior to the change: https://web.archive.org/web/20250716153251/https://www.cnbc.com/2025/07/16/trump-powell-fed-fire.html
Though if you read through either version it’s a chaotic bag of both denying and confirming. Ultimately seems like he told a room of Republicans he would, then denied he would after? So who knows.
My read is that he is absolutely going to fire him at some point in the near future, but he wants to to be a shock so he can financially position himself for maximum gain before and after.
Agreed. The chaos is just for kicks and PR so the pundits and politicians can claim with a straight face that he said he wouldn’t. No doubt on my end that he ultimately intends to do it.