Trump is not yet in charge of the Federal Reserve. That may change depending on what his goons in Congress and the Supreme Court do, but for the time being, even if Trump says “I ORDER the Fed to buy $1 trillion in TrumpBonds”, Powell can say “I’m good” and there’s not much he can yet do about it.
This is called debt monetisation and has been forbidden by law in the US since 1981.
well then it’s good that Trump always adheres to the law
Trump is not yet in charge of the Federal Reserve. That may change depending on what his goons in Congress and the Supreme Court do, but for the time being, even if Trump says “I ORDER the Fed to buy $1 trillion in TrumpBonds”, Powell can say “I’m good” and there’s not much he can yet do about it.