Trump appointed the guy!
Trump appointed the guy!
It's so hard to find good help ...
. . . . . . . . . ... when you're a megalomaniacal autocrat with no coherent strategies ....
Truth be told Trump can do as he bloody well pleases. No one is going to stop him and no one has in two years.
Of all the crap he has going on, my biggest issue with Trump is that his administration has earned such a bad reputation that he can’t attract or keep the people best qualified for the positions needed to operate our executive branch.
Trump appointed the guy!
https://www.nbcnews.com/business/ma...fire-fed-head-powell-move-could-wreak-n951226
The only way for a president to fire the head of the Federal Reserve would be to break the law, said one economist.
President Donald Trump wants to fire Federal Reserve Chairman Jerome Powell for raising interest rates, according to one report, an unprecedented action by a president against the independent body and one that could undermine confidence in a financial system already under the strain of a vicious equity sell-off.
Trump has privately discussed firing Powell because of his frustration with stock market losses in recent months, according to Bloomberg News, which cited four people familiar with the situation. The president’s frustration intensified in recent days, with him discussing the firing “many times” during that time, according to the report.
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Trump is unhappy about the Fed raising interest rates & the steep decline in the stock market.
While the head of the FR is appointed by the President, he may not be legally able to fire him except for extreme cause, like him breaking the law.
Yeah, that's not actually true. Like... at all.Truth be told Trump can do as he bloody well pleases. No one is going to stop him and no one has in two years.
Trump knows the economy and market are looking bad, and he refuses to take any blame. He constantly tooted his horn when it was good, but now that it is getting historically bad, he wants to fire somebody. Trump is completely stupid about macroeconomics, and how the US government works.
Trump appointed the guy!
Truth be told Trump can do as he bloody well pleases. No one is going to stop him and no one has in two years.
Of all the crap he has going on, my biggest issue with Trump is that his administration has earned such a bad reputation that he can’t attract or keep the people best qualified for the positions needed to operate our executive branch.
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