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.

  • @Stovetop
    link
    228 hours ago

    Who’s gonna say no? The supreme court? The legislature? It’s GOP all the way down now.

    • @dhork
      link
      English
      108 hours ago

      Well, according to Powell, he can say no. We’ll see how well that works.

      • nickwitha_k (he/him)
        link
        fedilink
        43 hours ago

        You think that the guy who looks up to a dictator that throws people that he is upset at out of windows, who has also been granted immunity to any reprecussions for illegal acts by the Supreme Court, is going to care if Powell doesn’t want to do what he wants to?

        Best to come to terms with what people non-voted for so that you’re not taken by surprise. Laws don’t mean shit for him anymore and he’s not leaving the kingship that he’s been handed on a silver platter while he’s still alive.