President Trump wants Fed Chair Jerome Powell out—and markets are watching closely. In this episode of the Fastest 4 Minutes in Finance, Scott Inman breaks down the legal battle brewing, and why firing Powell may not have the impact Trump hopes.

Here’s what you’ll learn:

• Whether a president can fire the Federal Reserve Chair—and under what conditions
• Why Trump’s frustration stems from interest rate policy, not misconduct
• How Powell could fight back with a lawsuit
• Why removing Powell might not lower interest rates
• The potential market volatility if Trump follows through
• What LPL’s Chief Economist says about political pressure and rate cuts