Trump, like Twain’s cat, jumps from a hot stove - Hawaii Tribune-Herald

Trump, like Twain’s cat, jumps from a hot stove - Hawaii Tribune-Herald

Almost overnight, it seems, Donald Trump switched from outspoken foe of Federal Reserve Chair Jerome Powell — whom he had called a “major loser” whose “termination cannot come fast enough!” — to a smiling acceptance of Fed independence. The dramatic move is reminiscent of Mark Twain’s words: “If a cat sits on a hot stove, that cat won’t sit on a hot stove again. That cat won’t sit on a cold stove either.”

Comment: Has Trump learned from his ‘hot stove’ moment?

HeraldNet.com HeraldNet.com - Everett and Snohomish County news from The Daily Herald in Everett, Washington Mark Twain said a cat won’t sit twice on a hot stove. Trump may have learned the same lesson about the Fed. Comment: Has Trump learned from his ‘hot stove’ moment? Wire Service

Can Bitcoin Benefit From Trump Firing Powell? Turkey's Lira Crisis May Provide Clues

Turkey’s President Erdogan’s experience with central bank interference serves as a warning, as it led to a currency collapse and increased investment in bitcoin and stablecoins. What to know: President Donald Trump’s reported plans to fire Federal Reserve Chairman Jerome Powell could accelerate the ongoing sell-off in USD and BTC adoption. Turkey’s President Recep Erdogan’s experience with central bank interference serves as a warning, as it le…

US Supreme Court fight may shape Trump's ability to fire Fed chair

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