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Former U.S. President Donald Trump frequently discusses firing Federal Reserve Chair Jerome Powell over interest rates, ...
Although Federal Reserve chairs are widely considered protected from presidential dismissal except for misconduct or malfeasance, Trump has regularly threatened to challenge that principle.
Traders are weighing the possibility of direct US military involvement in the Israel-Iran war, now in its second week.
Even if President Trump doesn't make good on threats to fire Chair Powell, the Fed leader's term ends in 2026.