Trump, Powell, and the Battle Over America’s Economic Soul

“If I want him out, he’ll be out of there real fast, believe me.” —Donald J. Trump, President of the United States When a sitting president issues veiled threats toward the man at the helm of the U.S. monetary system, it isn’t just political theater—it’s a shot across the bow of the last supposedly “independent” institution in America. But let’s quit the fiction: the Federal Reserve has never been truly independent. And now, its fragile credibility is being strangled by the very same elite tug-of-war it claims to transcend. Jerome Powell, the banker’s banker, is catching heat from Donald Trump. Again. And while the mainstream headlines want to paint this as a petulant president lashing out at a stoic technocrat,…