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Yes, you heard it right. Under a secret presidential plan Trump plans to throw chairman Powell out on his ears and appoint himself Fed chair. How the economy will react to a self-serving president setting interest rates to benefit himself and his buddies while the rest of the country be damned remains to be seen, but I can't think it would have a good effect on anyone's pocketbook except Trump and his wealthy cronies.
I reiterate Americans have to be the stupidest people in the world to even give this asshole a forum much less elect him President.
I reiterate Americans have to be the stupidest people in the world to even give this asshole a forum much less elect him President.
Trump to set interest rates himself under secret presidential plan
Donald Trump’s aides have drawn up secret plans to oust the chairman of the Federal Reserve and allow the president to set interest rates, according to reports.
finance.yahoo.com