Crypto entrepreneur Anthony Pompliano says that US President Donald Trump shouldn’t follow through on his recent threat to fire the head of the US Federal Reserve, saying it would set a dangerous precedent — especially considering the true motive behind it.
“I do not believe that the President of the United States should come in and unilaterally fire the Fed President,” Pompliano said in a video posted on X on April 18.
Firing over disagreement is a slippery slope, says Pompliano
Pompliano said, “Where you have a disagreement and then the firing, I think that’s not really the area that we want to go into.”
“The idea of firing the Fed chairman is a very bad precedent to set this way.”
It comes after Trump took to his social media platform Truth Social to accuse Fed chair Jerome Powell of being too slow to cut