Gerber, Cramer Warn Of Market Fallout If Trump Forces Out Fed Chair Powell

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.