Florida Congresswoman Accuses Fed Chair Powell of Facing Removal Amid Housing and Political Tensions

Florida Congresswoman Anna Paulina Luna claimed that Fed Chair Jerome Powell is about to be fired, amid ongoing tensions with President Trump who has criticized Powell's policies and urged rate cuts. While Powell asserts he cannot be dismissed by the President, legal experts suggest that any attempt to do so could lead to a lengthy legal battle, as the Federal Reserve operates independently and can only be removed for serious misconduct. Powell's term ends in May 2026.