Trump firing Powell would be a ‘very bad precedent to set’ — Pompliano

Anthony Pompliano agrees with critics claiming the Federal Reserve isn’t truly independent but says firing its chair will just make things worse.

Crypto entrepreneur Anthony Pompliano says that US President Donald Trump shouldn’t follow through on his recent threat to fire the head of the US Federal Reserve, saying it would set a dangerous precedent — especially considering the true motive behind it.

“I do not believe that the President of the United States should come in and unilaterally fire the Fed President,” Pompliano said in a video posted on X on April 18.

Pompliano said, “Where you have a disagreement and then the firing, I think that’s not really the area that we want to go into.”

If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.