Pres can’t fire Fed Reserve Chair. I believe the Chair doesn’t even report to the Pres, just to Congress.
“Pres cant fire Fed Reserve Chair. I believe the Chair doesnt 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
Simply have Congress order a full financial audit of the Fed’s activities. (Republicans should have a good majority after November, use it.)
Now that will (a) REALLY get the attention of Yellin and everybody else in charge there and (b) show everyone who’s in charge.
If the Fed has got nothing to hide, an audit should be no problem, right?
It’s tricky. The Fed Chairman serves at the pleasure of the President. He can pressure congress to have her removed.
Trump will have a pen and a phone...just like 0bama did! He can do ANYTHING he d@mn well pleases; the precedence has been set!
*SMIRK*