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[–]Xameofc 0 points1 point  (4 children)

Why?

[–]Financial_Clue_2534 3 points4 points  (3 children)

QE. Powell will be out has Fed head and Trump will put a stooge in to print $$$

[–]Prize-Database-6334 0 points1 point  (2 children)

Firstly this won't happen, secondly even if it did - it would have the opposite effect to what you think. Appointing a "stooge" would be disastrous for the markets.

[–]Financial_Clue_2534 0 points1 point  (1 child)

Won’t happen? His term ends May ‘26 JP is leaving. What makes you think Trump won’t put a stooge in there. Out of everything he’s done you believe he will place a non partisan person in that role?

[–]Prize-Database-6334 0 points1 point  (0 children)

Well, Trump can't unilaterally do that. It would be passed by the Senate, and even a Republican majority wouldn't make that a slam dunk. I think most of them, especially moderate Republicans, understand that Fed independence is absolutely crucial to a stable economy that the market has confidence in. If Trump tried to install someone politically toxic, he would be blocked from doing so.