Trump Drafts Powell’s Involuntary Resignation Notice, Quickly Withdrawn Under Market Pressure
Reports have emerged that President Trump has drafted an involuntary resignation notice for Federal Reserve Chairman Jerome Powell. However, under the pressures from the U.S. stock, currency, and bond markets, the notice was retracted in less than an hour, creating uncertainty in the markets.
Analysts suggest that this incident demonstrates Trump’s strong influence over economic policies. At the same time, it reflects the market's concerns and turmoil regarding future economic directions, leading investors to reassess risks.
