Trump’s Reckless Fed Attack Sends Markets Spiraling — CNN Breaks In With Urgent Warning

In a jaw-dropping moment that sent shockwaves across newsrooms and trading floors alike, CNN cut into regular programming Monday afternoon to report what many are calling a self-inflicted economic wound by former President Donald Trump.

As Wall Street reeled from a brutal selloff — with the Dow Jones Industrial Average tumbling nearly 1,000 points before the closing bell — CNN anchor Kasie Hunt delivered the breaking bulletin live on air.

“U.S. markets plunging today,” Hunt announced, her voice tight with urgency. “The Dow Jones Industrial down nearly 1,000 points just ahead of the closing bell. Let’s go straight to CNN’s Jeff Zeleny at the White House.”

Zeleny didn’t mince words.

“You can almost set your watch to it,” he began. “Every time Donald Trump goes off on Jerome Powell, the markets tank. And today was no different.”

The chaos started just minutes after the opening bell, when Trump issued a bombastic online statement slamming Federal Reserve Chairman Jerome Powell — the very man he personally appointed during his first term.

Trump’s rant accused Powell of sabotaging the economy to benefit Democrats. “There can be a slowing of the economy unless Mr. Too Late, a major loser, lowers interest rates now,” Trump posted. “Europe has already lowered several times. Powell waited until Sleepy Joe got in… how did that work out? Then Kamala came in and it got even worse!”

The reaction was swift and brutal. Traders panicked. Stocks nosedived.

One top investor, speaking anonymously to CNN, said the market was “obsessed” with the idea that Trump might try to fire Powell — a move that would shake the very foundation of economic independence in America.

“This kind of threat isn’t just reckless,” the investor said. “It’s dangerous. Markets don’t like instability, and Trump just threw a grenade at the Fed.”

And here’s the kicker: it’s not even clear whether the president can fire the Fed chair. But Trump, never one to let legal norms get in the way, reportedly told aides, “If I want him gone, he’s gone.”

This isn’t the first time Trump has lashed out at Powell, but it may be the most costly. Analysts from both sides of the aisle are calling it an “unforced error” at a time when the U.S. economy is already facing global headwinds.

“He appointed Powell,” Zeleny emphasized. “And now he’s blaming him — and by extension, the entire financial system — for not bowing to his political whims. It’s economic malpractice.”

The sudden market dive also follows a string of embarrassing public missteps by Trump, including a bizarre geography gaffe last week and a viral photo that showed the former president without his signature tan and hairdo — a moment that sparked widespread mockery online.

With 2024 behind him and his eyes reportedly on a rematch in 2028, Trump seems to be shifting into campaign mode — but if Monday is any indicator, his attacks on key institutions may end up hurting more than helping.

“This is the kind of instability Americans are exhausted by,” Hunt concluded. “And today, it cost the market nearly a thousand points.”

Whether Trump cares — or even understands the damage — remains to be seen. But for now, the message from Wall Street is loud and clear: enough with the chaos.