Sen. Kennedy: Trump firing Powell 'would crash the stock market'
MSNBCยท2025-07-16 22:24
Talk to us about Jerome Powell. Should the president fire him. I I think the Federal Reserve should be independent.Um, in some countries, the central bank is not uh and their economy pays the price. Do you think it would throw the global economy into flux to get rid of Powell at this point. Would that be a risk.I think it would crash the stock market and it would crash the bond market and it would cause interest rates um to rise probably a 10-year Treasury at least 100 maybe 200 basis points which would uh ...