France Warns Dismissal of Powell Could Threaten U.S. Dollar Stability

French Finance Minister Eric Lombard has issued a stark warning against President Trump’s consideration of firing Federal Reserve Chair Jerome Powell, arguing it could destabilize the U.S. dollar and its global position. Lombard highlights the potential long-term damage to dollar credibility and financial markets’ stability in an interview with theccpress.com. The threat of this dismissal has sparked alarm among U.S. advisors, who are already concerned about the impact on central bank independence. This concern is amplified by French Finance Minister Eric Lombard’s prediction that the firing could lead to increased debt costs and economic disruptions. “, 1)