Well, I think everyone is pretty damn lucky the markets are closed today

BREAKING: Trump has discussed firing Federal Reserve chief Jerome Powell as his frustration has intensified after this week’s interest-rate increase and months of stock-market losses.Advisers close to Trump aren’t convinced he will try to do it, but say he wants to.

— Jennifer Jacobs (@JenniferJJacobs) December 22, 2018

It’s unclear how much legal authority the president has to fire Jay Powell.And at least one of Trump’s economic advisers, Kudlow, has said a president can’t fire Federal Reserve chair without cause.That hasn’t stopped Trump from expressing his desire to get rid of Powell.

— Jennifer Jacobs (@JenniferJJacobs) December 22, 2018

News Trump’s talking of firing chair of independent Fed comes as partial US govt shutdown begins and admin preps to lose trusted defense secretary and WH chief of staff. Trump’s been far less concerned about blowback over shutdown or Mattis than the economic turmoil, I’m told. pic.twitter.com/4iK8OsLoC6

— Jennifer Jacobs (@JenniferJJacobs) December 22, 2018