Trump's Push to Oust Fed Chair Powell Sparks Legal and Market Concerns

President Trump advocates for the removal of Federal Reserve Chairman Jerome Powell, criticizing the Fed's management of the money supply, its politicization, and its impact on interest rates and the economy, particularly in housing. The article highlights concerns over the Fed's interest payments to banks, its reliance on politicized data, and its shift away from traditional monetary indicators, arguing that these issues have contributed to economic instability and high interest rates. Trump believes replacing Powell is necessary to restore proper monetary policy and reduce political influence in the Fed.