4.7 • 1K Ratings
🗓️ 16 July 2025
⏱️ 15 minutes
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0:00.0 | Love for the rebel capitals. Hope you're well. So we have a report from Bloomberg just out saying that Trump is on the verge of actually firing Jerome Powell. |
0:12.4 | No kidding. So interest rates are plummeting. But the question becomes, is it about Trump versus Powell, the rumble in the jungle or we'll have to figure |
0:24.1 | out some rhyme for this rival, this big boxing match? |
0:28.4 | That would be great, wouldn't they? |
0:30.1 | If they actually did box Trump versus Jerome Powell and if Trump wins, then Jerome Powell has to quit and disgrace. And then if |
0:41.2 | Powell wins, then he gets to like shave Donald Trump's head or something like that would be |
0:49.7 | fantastic, wouldn't it? And, but we have to ask the question, is this all about the rumble in the jungle? |
0:56.4 | Or is this about what's happening with the PPI reports that came out today? All right, lots to go into, guys. |
1:05.6 | So first and foremost, let's shoot over to this Bloomberg article that I just saw. I had heard rumblings on Twitter about this, that it was getting closer and closer |
1:15.2 | and it might be a reality. |
1:17.2 | But here you go. |
1:18.4 | Trump likely to fire Jerome Powell soon. |
1:24.1 | And this is according to White House officials. |
1:27.5 | Now, this is a little hard for me to believe. |
1:32.8 | I can't, even Trump, I can't imagine that he would actually fire power. |
1:38.5 | I don't even know if he has the legal authority to do that. |
1:41.6 | Maybe he does. |
1:42.2 | Let's get into this article here. |
1:43.8 | Let me zoom in for you guys. |
1:45.0 | And keep in mind, one of the reasons why interest rates could be down on this news is because |
1:52.7 | Donald Trump has come out and explicitly said that he not only wants interest rates, the Fed funds |
1:59.6 | rate, lower, he wants Jerome Powell to drop by 300 |
... |
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