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To: jjotto

It’s tricky. The Fed Chairman serves at the pleasure of the President. He can pressure congress to have her removed.


20 posted on 09/28/2016 3:47:40 AM PDT by mindburglar (When Superman and Batman fight, the only winner is crime.)
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To: mindburglar
It’s tricky. The Fed Chairman serves at the pleasure of the President. He can pressure congress to have her removed.

The Fed chair is appointed by the president and approved by Congress, but the President and Congress can no more fire her than they can fire a federal court judge.

23 posted on 09/28/2016 3:49:07 AM PDT by DoodleDawg
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To: mindburglar

That’s not the definition of ‘pleasure of the president’.

The Chair comes from the already serving Governors of the Fed.


25 posted on 09/28/2016 3:52:31 AM PDT by jjotto ("Ya could look it up!")
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