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Markets will 'crash' if Trump can fire Fed's Powell, Elizabeth Warren warns

1. Sen. Warren warns markets may crash if Powell is fired. 2. Trump criticized Powell's job performance earlier that day. 3. Warren states market stability relies on political independence. 4. A potential firing could undermine confidence in economic stability. 5. Warren's comments resonate with fears over politicizing the Fed.

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FAQ

Why Very Bearish?

Warren's warning highlights potential instability, echoing past market reactions to Fed leadership changes.

How important is it?

The potential for political intervention in the Fed creates significant market uncertainty.

Why Short Term?

Immediate concerns from political threats to Fed leadership may drive volatility soon.

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