So fire him.
Everyone says that Powell was selected by Trump, which is true but the Chairman of the Fed can only be selected from the sitting members of the Board of Governors, so his choices were very limited.
If Trump needed something to fire him I’m sure Trump would be able to find it. Powell is kidding himself.
Oh really?
So, what part of he’s serving at the pleasure of the president does he seem to fail to grasp? He may be doing a great job, but words like that tend to have unintended consequences to one’s future plans.
There is a lot of cause to fire him, he's failed in so many ways.
The work-around is to end the Fed altogether and sell money organically, but that would be taking the banksters toys away.
Another self-important, power-hungry swamp creature. President Trump should have cleaned house and disinfected these posts of Obamanation holdovers when he took office.
He can be fired “for cause.”
But the “cause” cannot be “Trump needed a scapegoat.”
Won’t resign and there is no cause to fire him. Not likely to make the President happy.
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I don’t know if there is legal cause, but he’s wrong. There’s little inflation and economic growth doesn’t cause inflation. He’s already cost us hundreds of billions of dollars in higher interest payment on Obama’s debt.
People got to jail for robbing you of thirty dollars. When you trash the economy as a Fed chief you’re a hero.
There’s several constitutional problems with the feds so we’ll see how this plays out.
“...Federal Reserve Chairman Jerome Powell on Friday said he has not received any direct communication from the White House about his job performance, and that he would not resign even if President Donald Trump asked him to do so....”
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So why did he even bring up the sybject...must be on his mind...for some reason..???
;)
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Elimate the Fed instead
President Trump made a mistake, JMHO, by signing that first obscene budget from Ryan and His Traitors. The federal debt still isn't decreasing, balancing the budget isn't even mentioned. It can't end well. Later is better than never....those interest rates have to be raised to a reasonable level to (1) keep gov in check and (2) so responsible savers can make enough interest to save for their futures on FDIC CDs.
Time for an audit. Past time, actually.
When this stooge was talking, the market started going down....after rising, in morning.
Maybe he wants to hear, “You’re Fired!”.
more and more Aholes... the Deep State Enemy Within is very much still in charge of “our” government
I think Powell got the message.
Trump just has to keep the boat afloat until the next election cycle while all around him try to scuttle it to take him out for their own petty and misguided reasons.
Who needs to be whipping back into shape is a GOP and candidates that can get the job done..
If the RINOs and sleepers of the Left who run as the Right’s candidates are cleansed either of their seat or their indifferent attitudes toward governing, good things can still happen.
If the same old mentality is carried forward by the current crop of GOP “leaders”, Trump’s victories will be pyrrhic as will the nation’s future.