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Trump: I Don't Need Anyone to Explain the Ramifications of Firing Powell

By: theblockbeats.news|2025/07/20 23:02:04

BlockBeats News, July 21st, The Wall Street Journal reported earlier that U.S. Treasury Secretary Yellen had privately explained to Trump in recent days why he should not attempt to remove Powell. On Sunday, Trump responded on his Truth Social platform, saying he did not need Yellen to explain to him that firing Powell would be detrimental to the market.

Trump wrote, "The Wall Street Journal published a typical false report today, stating that Yellen explained to me that firing the worst Chairman of the Fed in history, 'Mr. Too Late' Powell, would be detrimental to the market. I don't need anyone to explain this to me. I know better than anyone what is advantageous to the market and to America.

If it weren't for me, the stock market wouldn't be at an all-time high right now; it might have already collapsed! So, please make sure to get the real information. I don't need others to explain things to me; I explain to them!" (Jinse Finance)

“Machi” pierde 1573 millones de dólares en 35 días; actualmente tiene pérdidas flotantes de 227 millones de dólares en posición larga con apalancamiento de 25 veces