Analysts are warning of potential turmoil if former President Trump were to fire Federal Reserve Chair Jerome Powell. Former Deputy Treasury Secretary Roger Altman believes Powell would likely refuse to resign even if requested by Trump. The hypothetical scenario raises concerns about the Fed's independence and potential market instability. Experts suggest such a move could damage investor confidence and disrupt the central bank's efforts to manage inflation and economic growth. The potential for a constitutional crisis is also being discussed, given the established norms surrounding the Fed's autonomy.