[Fai Mao]

“Pres can’t fire Fed Reserve Chair. I believe the Chair doesn’t even report to the Pres, just to Congress.”

Fine pull an Andrew Jackson and abolish the whole thing like he did with the BUS. Turn the responsibilities over to the Treasury department

[jjotto]

Pres can’t shut down Fed Reserve either. Unlike Jackson’s National Bank, there is no expiration date on the Fed Reserve charter. Congress calls the shots.

[DoodleDawg]

Fine pull an Andrew Jackson and abolish the whole thing like he did with the BUS. Turn the responsibilities over to the Treasury department.

I thought Trump's complaint was that the Fed was too political. You want to turn the functions over to an agency run by political appointees? Good plan.

[billyboy15]

Fed Res is not necessary. The markets do a perfectly fine job of managing interest rates.