CEO of Gerber Kawasaki, Ross Gerber, issued a stark warning Monday after Trump renewed his public attacks on Federal Reserve Chair Jerome Powell. Gerber posted on X that if Powell resigns amid pressure from Trump, markets already teetering could “spiral further into a prolonged downturn.” His remarks followed Trump’s Truth Social post demanding a preemptive rate cut and calling Powell “Mr. Too Late” and a “major loser.” Analysts say removing Powell would spark market chaos.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02CEO of Gerber Kawasaki, Ross Gerber, issued a stark warning Monday after Trump renewed
00:06his public attacks on Federal Reserve Chair Jerome Powell.
00:10Gerber posted on accident that Powell resigns mid-pressure from Trump.
00:13Markets already teetering could spiral further into a prolonged downturn.
00:17His remarks followed Trump's true social post, demanding a preemptive rate cut and calling Powell
00:22Mr. Too Late and a major loser.
00:25Analysts say removing Powell would spark market chaos.
00:27For all things money, visit Benzinga.com slash GSTV.