Summary

Federal Reserve Chair Jerome Powell asserts that he cannot be fired by President-elect Donald Trump, citing legal protections under the Federal Reserve Act.

Trump has previously expressed his desire to remove Powell, but legal experts argue that a policy disagreement would not constitute “for cause” removal.

  • @[email protected]
    link
    fedilink
    2711 hours ago

    All these idiots that think they’re untouchable. Repubs have total control, it’s only a matter of time before they come for you.

    • @linearchaos
      link
      English
      1111 hours ago

      I’m gussing it’ll play out like:

        Official act #4:  Secret Service, bring him to me, but take a long time. 
      
      • @BrianTheeBiscuiteer
        link
        4
        edit-2
        8 hours ago

        Trump doesn’t even have to get his hands dirty on this. He’ll drop a few tweets about his “Marxist monetary policies” putting the economy at risk and Trumps supporters will harass and threaten him into resigning.

        • @linearchaos
          link
          English
          12 hours ago

          Wonder if they’ll respin Gitmo and fill it with his opponents. Cuba could use some cash.

    • @stoly
      link
      28 hours ago

      He’s a Republican even though it’s not a partisan office. Trump put him there.