Can Trump Fire the Fed Chair? What the TOO LATE Act Means

Update: 2025-08-22

Description

A new GOP bill—the TOO LATE Act—could give President Trump legal power to remove Fed Chair Jerome Powell over interest rate policy. Kathy Fettke breaks down what this means for the Federal Reserve’s independence, future rate cuts, and how it could impact investors, inflation, and market stability.

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SOURCE: https://www.scotsmanguide.com/news/gop-bill-would-provide-a-legal-pathway-for-trump-to-fire-powell/?utm_source=originator&utm_medium=news&utm_campaign=newlayout

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Can Trump Fire the Fed Chair? What the TOO LATE Act Means

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Can Trump Fire the Fed Chair? What the TOO LATE Act Means

Kathy Fettke/ Real Wealth

Can Trump Fire the Fed Chair? What the TOO LATE Act Means