Unraveling the legal, economic and market ramifications if Trump tries to fire Fed Chair Powell

Key Points

If President Donald Trump tries to fire Federal Reserve Chair Jerome Powell, it would set off a courtroom battle that would likely head to the Supreme Court.
Most people familiar with the situation say Powell would sue if Trump tries dumping him.
Despite seemingly low chances of success, going after Powell still could serve a political purpose for Trump.
Even if the Fed did cut rates, it could do more harm than good to Trump’s goal of lowering finance costs on the national debt.

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Finance

Robinhood’s venture fund, which gives investors access to private companies, tanks 11% on first day

March 6, 2026

Key Points The fund, which is trades under the ticker RVI, offers exposure to notable private companies such as financial services firm Revolut and software company Databricks. However, the launch comes during a tough time for public markets. Source

Finance

Fed Governor Miran says job losses in February add to the case for more interest rate cuts

March 6, 2026

Key Points Federal Reserve Governor Stephen Miran said in a CNBC interview on Friday that the weak February jobs report bolsters the rationale for the central bank to lower interest rates further. If Miran had his way, the rate would be around neutral, which he deems to be about a full percentage point lower. Source

Finance

U.S.-Iran war exposes big market concentration risk. It isn’t in S&P 500 stocks

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ETF Edge U.S.-Iran war exposes big market concentration risk. It isn’t in S&P 500 stocks Published Fri, Mar 6 202612:52 PM EST Krysta Escobar WATCH LIVE Source