Powell will likely serve out his term as Fed Chair because Trump will use him as a 'perfect scapegoat' for economic slowdown from tariffs and protectionism; if Trump replaced Powell immediately and the economy fell apart in 6 months, responsibility would fall on Trump, so keeping Powell allows Trump to blame the Fed for any recession.
forecastpending
Speaker
Louie GavelsonEvidence Quote
“I think I actually tend to believe that Powell will see out his term if only because it gives Trump uh a perfect scapegoat should the economy slow down [12:59]”
Source
Louis-Vincent Gave: The Dollar’s Breaking? China’s Winning? The End of U.S. Dominance?— WealthionCreated: 8/11/2026, 7:21:20 AM
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