Markets will ‘crash’ if Trump fires Powell, Sen. Warren warns
- Markets will “crash” if President Donald Trump fires Federal Reserve Chairman Jerome Powell, Sen. Elizabeth Warren, D-Mass., warned.
- The Senate Banking Committee’s ranking member contended that Trump’s relentless attacks risk undermining the independence of the Fed.
- Trump denied that he plans to fire Powell, though he left the door open to do so.

Stock and bond markets and the value of the U.S. dollar will plunge if President Donald Trump fires Federal Reserve Chairman Jerome Powell, Sen. Elizabeth Warren warned Thursday.