Mnuchin says Trump told him he 'never suggested firing' Fed chairman

[JacksinPA]

https://www.reuters.com/article/us-...r-suggested-firing-fed-chairman-idUSKCN1OL0PF

WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Saturday that President Donald Trump told him he had “never suggested firing” the chairman of the U.S. Federal Reserve.

Mnuchin said in a tweet that Trump had told him that he “never suggested firing” Fed Chairman Jerome Powell. Trump also told Mnuchin he did not believe he had the right to fire Powell.
===============================================
This story keeps changing. Such is the Trump WH.

 

[Hawkeye10]

https://www.reuters.com/article/us-...r-suggested-firing-fed-chairman-idUSKCN1OL0PF

WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Saturday that President Donald Trump told him he had “never suggested firing” the chairman of the U.S. Federal Reserve.

Mnuchin said in a tweet that Trump had told him that he “never suggested firing” Fed Chairman Jerome Powell. Trump also told Mnuchin he did not believe he had the right to fire Powell.
===============================================
This story keeps changing. Such is the Trump WH.

Such is our very low quality journalism.

 

[Cardinal]

https://www.reuters.com/article/us-...r-suggested-firing-fed-chairman-idUSKCN1OL0PF

WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Saturday that President Donald Trump told him he had “never suggested firing” the chairman of the U.S. Federal Reserve.

Mnuchin said in a tweet that Trump had told him that he “never suggested firing” Fed Chairman Jerome Powell. Trump also told Mnuchin he did not believe he had the right to fire Powell.
===============================================
This story keeps changing. Such is the Trump WH.

That's basically an announcement that he's going to fire Powell. The stock market should react well to that.

Edit: Renato Mariotti takes it one step further:

"If the markets think that the U.S. president can and will fire the Fed Chair whenever he dislikes a rate hike, that will really hurt our economy."

So yes, just the prospect that Trump may fire Powell will hurt the market. Which is really interesting when you think about it: Trump really does seem invested in the idea of a strong stock market since that's one of the last few arguments he has in support of him. For a guy who's so invested in a strong stock market, he sure does seem to enjoy creating situations that drive the market down.

 

[Atomic Kid]

https://www.reuters.com/article/us-...r-suggested-firing-fed-chairman-idUSKCN1OL0PF

WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Saturday that President Donald Trump told him he had “never suggested firing” the chairman of the U.S. Federal Reserve.

Mnuchin said in a tweet that Trump had told him that he “never suggested firing” Fed Chairman Jerome Powell. Trump also told Mnuchin he did not believe he had the right to fire Powell.
===============================================
This story keeps changing. Such is the Trump WH.

Hold on. Let me get this straight. The President's Treasury Secretary actually received tweet from the President saying he "never suggested" firing the Fed Chairman. Completely from out the blue? Why? Unless he actually did and now wants' his people to cover his ass for him. Which is monumental a task because he has such a yuuge ass.

 

[Bucky]

https://www.reuters.com/article/us-...r-suggested-firing-fed-chairman-idUSKCN1OL0PF

WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Saturday that President Donald Trump told him he had “never suggested firing” the chairman of the U.S. Federal Reserve.

Mnuchin said in a tweet that Trump had told him that he “never suggested firing” Fed Chairman Jerome Powell. Trump also told Mnuchin he did not believe he had the right to fire Powell.
===============================================
This story keeps changing. Such is the Trump WH.

The chances of Trump firing Powell are the same as Trump firing Sotoymyer or Kagen...

 

[Bucky]

FYI the reason why stocks fell this week is Powell.

He is responsible for about 1,000 points in the dow. If he gave a more dovish statement, the stock market would be closer to flat this week or maybe even up.

 

[Xelor]

Mnuchin says Trump told him he 'never suggested firing' Fed chairman

Wait a minute. Steve Mnuchin reports that Trump told him that he (Trump) "'never suggested firing' Fed chairman." That Trump says he didn't do so is plenty reason to think Trump did indeed suggest firing Fed chairman.

Why is Mnuchin telling us what Trump said Trump never suggested to Mnuchin? Does anyone else find that bizarre from jump?

 

[Hawkeye10]

The chances of Trump firing Powell are the same as Trump firing Sotoymyer or Kagen...

But notice how many people will claim otherwise, because it suits their agenda that Trump is a defective who must be cashiered to save America.

They are willing to burn America down to burn Trump out.

ASSHOLES

 

[MTAtech]

Removal of members of the Federal Reserve can only be done for cause. The fact that they don't do what the president wants is not cause.

 

[Bucky]

But notice how many people will claim otherwise, because it suits their agenda that Trump is a defective who must be cashiered to save America.

They are willing to burn America down to burn Trump out.

ASSHOLES

You are right. I read an article on CNBC that says if trump fired Powell the market would spiral out of control.

Such a dishonest report.

 

[Chomsky]

That's basically an announcement that he's going to fire Powell. The stock market should react well to that.

Edit: Renato Mariotti takes it one step further:

"If the markets think that the U.S. president can and will fire the Fed Chair whenever he dislikes a rate hike, that will really hurt our economy."

So yes, just the prospect that Trump may fire Powell will hurt the market. Which is really interesting when you think about it: Trump really does seem invested in the idea of a strong stock market since that's one of the last few arguments he has in support of him. For a guy who's so invested in a strong stock market, he sure does seem to enjoy creating situations that drive the market down.

Trump displays he is lacking knowledge in so many areas, it's not even funny anymore.

 

[trixare4kids]

Trump displays he is lacking knowledge in so many areas, it's not even funny anymore.

He's also not lacking in many areas according to 81% of Republicans.

Btw, it's just wishful hearsay and thinking coming from the left that Trump will fire Powell.
IOW, more :bs from the loony left.

 

[Atomic Kid]

He's also not lacking in many areas according to 81% of Republicans.

Btw, it's just wishful hearsay and thinking coming from the left that Trump will fire Powell.
IOW, more :bs from the loony left.

Which begs the question what is it that Republicans are lacking that they can't see this ever growing steaming pile of a mess.

 

[Hawkeye10]

He's also not lacking in many areas according to 81% of Republicans.

Btw, it's just wishful hearsay and thinking coming from the left that Trump will fire Powell.
IOW, more :bs from the loony left.

From the "WE HAVE A JOB TO DO AND THE ENDS JUSTIFY THE MEANS!" Failed Intelligentsia!

They are incompetent, unselfaware, and immoral.

They really suck.

SAD

 

[trixare4kids]

Which begs the question what is it that Republicans are lacking that they can't see this ever growing steaming pile of a mess.

It would appear that you gave zero critical thought to my post above as your refutation is nothing but a red herring.

 

[Hawkeye10]

It would appear that you gave zero critical thought to my post above as your refutation is nothing but a red herring.

My such high expectations you have given the year.

WE USED TO BE BETTER

:2wave:

 

[Atomic Kid]

It would appear that you gave zero critical thought to my post above as your refutation is nothing but a red herring.

Interesting that you mention "red". Judgement day is coming.

 

[trixare4kids]

Interesting that you mention "red". Judgement day is coming.

Love the attempt at your avoidance by the creation of another logical fail.

Just stop. :lol:

 

[prometeus]

He's also not lacking in many areas according to 81% of Republicans.

Like you? :lamo:lamo:lamo

 

[Chomsky]

He's also not lacking in many areas according to 81% of Republicans.

Btw, it's just wishful hearsay and thinking coming from the left that Trump will fire Powell.
IOW, more :bs from the loony left.

Do you want me to show you the Dem numbers in this regard?

 

[trixare4kids]

Do you want me to show you the Dem numbers in this regard?

I have all night.

The cookies, fudge have been made, and the presents are wrapped.
Sitting before a roaring fire watching the Chargers vs. the Ravens...

Go, my friend.

 

[ElChupacabra]

Wait a minute. Steve Mnuchin reports that Trump told him that he (Trump) "'never suggested firing' Fed chairman." That Trump says he didn't do so is plenty reason to think Trump did indeed suggest firing Fed chairman.

Why is Mnuchin telling us what Trump said Trump never suggested to Mnuchin? Does anyone else find that bizarre from jump?

In a normal world yes, but in Trump Bizarro world not so much. You know, kind of like Mexico paying for the wall...then US taxpayers have to pay for the wall....no wait: Mexico is paying for the wall through the USMCA (but no details as to how). My favorite was one suggested by a poster here: cutting foreign aid to Mexico will pay for the wall. It's like a three card monte for policy making.

 

[NeverTrump]

Such is our very low quality journalism.

Do you need glasses?

 

[Chomsky]

I have all night.

The cookies, fudge have been made, and the presents are wrapped.
Sitting before a roaring fire watching the Chargers vs. the Ravens...

Go, my friend.

That was my way of telling you one's party's faith in their candidate, does not determine competence.

But since you asked, the Dems are 17%.


(Axios) Exclusive poll: Trump gets credit on the economy, Republicans don't

 

[trixare4kids]

Do you want me to show you the Dem numbers in this regard?

Maybe you are busy with the season's festivities but so far from you crickets...but I'm here to say that if you are here to show me yours, I'm here to show you mine. That's a whole lot of Republican dislike for Obama

My point...neither presidents were/are popular with their respective opposites.