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.

  • BrianTheeBiscuiteer@lemmy.world
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    6 days ago

    Unless you’re also the President of the US “legal protections” mean jack shit. You will do the Kings bidding or you suffer his wraith.