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The Kobeissi Letter
The Kobeissi Letter|Apr 10, 2025 18:16
Lots of headlines and rumors about Trump "asking the Supreme Court to fire Powell." Here's what really happened: President Trump asked the Supreme Court to "let him fire top officials at 2 independent agencies," per Bloomberg. This *could* test whether Trump has the power to fire Fed Chair Powell. Trump did NOT explicitly ask to fire Powell.
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Apr 20, 03:20【Will Trump dismiss Powell】
Apr 20, 02:31【Trump's dismissal of Powell may trigger an economic recession】
Apr 20, 01:53【France warns that Trump's dismissal of Powell will affect the credibility of the US dollar】
Apr 19, 09:49【Warren warns firing Powell could lead to collapse】
Apr 18, 21:51【Bitcoin price remains unchanged in line with Trump's decision】
Apr 18, 14:53【Trump investigates dismissal of Federal Reserve Chairman Powell】
Apr 18, 08:00【Trump threatens to dismiss Federal Reserve Chairman Powell】
Apr 18, 07:31【Controversy over whether Trump can dismiss Powell】
Apr 18, 06:55【Federal Reserve Chairman Powell will serve until May 2026】
Apr 18, 06:41【Trump really wants to fire Powell and lower interest rates】

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