GOP Senators, WSJ Warn Trump Against Firing Fed Chair Powell, Citing Shock Wave Through Economy

Several Republican senators have cautioned President Donald Trump against firing Federal Reserve Chair Jerome Powell, warning that such a move could trigger a "shock wave" through financial markets and disrupt the broader economy. The warnings come amid Trump's threat to remove Powell from his position. The Wall Street Journal editorial board has also urged Trump not to dismiss Powell, emphasizing the potential economic consequences. The debate over the Fed chair has drawn attention both domestically and internationally, with concerns raised about the stability of the U.S. economy if Powell were to be replaced.