French Finance Minister Eric Lombard has issued a warning against the potential removal of Jerome Powell as Fed Chair by President Donald Trump. He argues that such a move could significantly damage the U.S. dollar’s standing in the global financial system. Lombard highlights the risk of increased market volatility and instability, particularly within the bond market, if this change occurs. He emphasizes that removing Powell would likely exacerbate existing economic challenges in the United States, potentially leading to higher borrowing costs and further dollar depreciation. The potential for political interference with monetary policy is a significant concern, as indicated by Trump’s past actions on tariffs. This situation has led to heightened market anxiety, prompting experts to express concerns about broader financial disruption and long-term risks to the global economy. While the immediate implications are unclear, it remains vital to monitor developments closely.