for Powell and the Fed to lower interest rates if TSF and Congress didn't add another $ 3 to 4 trillion to the Deficit with their "Big Beautiful Bill". As it were before passage, the interest alone was higher than the annual GDP.

Thing is, the oligarchs who've propped him are probably seeing him as a growing liability these days now that they've gotten government sufficiently weakened to run the country. The sex trafficking files (which could name a few oligarchs, too) presented to MAGA are one way for them to replace him with another tool. Bondi and Bove can only protect him for so long.

Jerome Powell has been reluctant to lower rates, but forcing his firing will surely cause financial ripples and the possibility of a massive financial depression that could make the Great Depression look like child's play.