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.

  • BoobaAwooga@lemmynsfw.com
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    6 days 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.

    • stoly@lemmy.world
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      6 days ago

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

    • linearchaos@lemmy.world
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      6 days ago

      I’m gussing it’ll play out like:

        Official act #4:  Secret Service, bring him to me, but take a long time. 
      
      • BrianTheeBiscuiteer@lemmy.world
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        6 days 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.