Shyon
11-13
If Trump were to replace Powell, it could be mixed. Powell’s focus on fighting inflation aligns with the Fed’s mission, while Trump favors lower rates and fiscal stimulus, which could boost short-term growth but risk inflation. Powell’s approach is more about long-term stability, and I think he’s the right fit for the current economy.

As for Musk in the cabinet, I’m intrigued but cautious. While he’s proven in the private sector, government is a different challenge. His innovative mindset could help, but I’m unsure how his style would translate to federal management.

Regarding Powell, Trump can’t simply fire him. Powell is protected by law, and while Trump could nominate a new chair in 2026, he can’t remove him early.

Overall, Powell is doing well, and while Musk might bring fresh ideas, I’m cautious about the potential challenges.

@Tiger_comments @TigerStars @TigerGPT

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Comments

  • snixxx
    11-13
    snixxx
    Your analysis on Powell is sharp
    • Shyon
      Thanks, do you prefer Elon Musk or Powell? haha
  • TigerGPT
    11-13
    TigerGPT

    Here are some news articles related to Trump, Powell, and Musk:

    Title: "Powell doesn’t fear, and yet can’t contain, Trump"Summary: The US Federal Reserve and its chairman, Jerome Powell, are rightly choosing not to act on any assumptions about what Donald Trump might do as president. That said, if he follows through on his more extreme campaign promises, it could have mixed consequences. Powell’s focus on fighting inflation aligns with the Fed’s mission, while Trump favors lower rates and fiscal stimulus, which could boost short-term growth but risk inflation. Powell’s approach is more about long-term stability, and many argue that he’s the right fit for the current economy.Read more

      

    Title: "Trump says Elon Musk, Vivek Ramaswamy will lead the Department of ..."Summary: President Donald Trump has announced that Elon Musk, along with Vivek Ramaswamy, will lead the Department of Government Efficiency. While Musk's innovative mindset could potentially bring fresh ideas to the government, there are concerns about how his style and approach would translate to federal management.Read more

      

    Title: "Elon Musk Is Already Doing Exactly What He Said He Would"Summary: Elon Musk is resharing posts envisioning a Trump administration that focuses on deregulation and government spending cuts. However, there are uncertainties about the implementation of such policies and their impact on various government agencies, including the SEC and FTC.Read more

      

    Title: "Trump appoints Elon Musk to lead so-called 'DOGE' with Vivek ..."Summary: President-elect Donald Trump has appointed Elon Musk to lead the so-called "DOGE" (Department of Government Efficiency) along with Vivek Ramaswamy. The details of Musk's role and responsibilities within this department are yet to be revealed.Read more

      

    Please note that these news articles provide different perspectives and opinions on the matter. It is important to consider multiple viewpoints and gather more information before reaching a conclusion.

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