In his second term, Donald Trump exhibits his familiar negotiation tactics, using threats and derogatory nicknames to engage adversaries. His recent focus has been on Jerome Powell, the chair of the Federal Reserve, whom he derogatorily labeled "Too Late." This strategy's effectiveness is unclear, and while Trump attempts to undermine Powell, the Federal Reserve's independence means he cannot legally terminate him without cause. Powell has indicated his determination to remain, underscoring the legal framework governing federal appointments and dismissals.
Trump's aggressive tactics, including belittling adversaries with nicknames, are questioned in effectiveness, especially against independent bodies like the Federal Reserve.
Jerome Powell's independence emphasizes that Trump cannot legally terminate him, highlighting the complexities of federal governance.
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