People don’t like him bit he’s right. Rates need to go down. People are being destroyed on mortgages and car loans. It’s enough. Powell was late raising rates under Biden now he’s late lowering the. How can you be head of national institution and worth 100 million and be that stupid. It can’t be by accident. You’re so smart you make yourself wealthy but make the nation poor?
If the Democrats, RINOs, and their flunkies in the bureaucracy were merely incompetent, you could reasonably expect that half their decisions would benefit the people of this great nation.
Given that NONE of their decisions benefit We, The People, I can safely say that every one of them is deliberately acting against the best interests of the citizens of this great nation.
Interest rates are historically quite low already! You are right that people are broke and cannot afford their mortgages and car loans but it is not because interest rates.
They are claiming POTUS does not have authority to fire her. Raising this stink may be the best thing to make people aware that the Fed is not a government organization.
It does say that the President can remove a board member for cause. It doesn't list anything about what constitutes "cause," unless it's defined somewhere else in the section. Either way, they're in a tough spot if they want to argue that dishonesty on a financial contract is acceptable.
If it is established as a creature of law, then it is de facto part of the government, and if it does ANYTHING, that falls under the authority of the Executive. Congress does not have power to create any agency extraneous to the Constitution. That was the whole problem with USAID: Congress creating ad hoc agencies to do its bidding outside of Article 2 of the Constitution.
Regardless of the Crimes of past Congressional 'laws' there is zero justification in Our Constitution to allow a NON Gov., NON ELECTED group of UNKNOWN power hungry 'bankers' to completely CONTROL The US. Dollar and The US. Economy. The 'federal reserve' must be shut down.
Slowly people might get out of the woke mind virus…. To believe a person with purple hair and black fingernails, along with Satan neck tattoos will make a good fast food worker is what has been going on in many fronts.
Then to fire such a person and that person proclaims they will not leave their post…
Hahaha…
Same thing here but we have one who is cooking the USA dollar.
The board iof governors s feferally appointed/removed but the Federal Reserve is privately run. The governors are supposed to control it. It's messed up.
The Federal Reserve Board of Governors, a federal agency in Washington, D.C.;
the 12 Federal Reserve Banks, operating around our nation to help ensure all household, community, and business economic conditions and perspectives inform Fed policies, actions, and decisionmaking; and
the 12 voting members from around the System who serve on the Federal Open Market Committee and help set crucial U.S. monetary policy.
He makes moves on the the obvious violators 1st, sure she can protest but with that sort of mortgage fraud she won't be there long one way or the other. So if she leaves promptly or fights it & is hauled into court & convicted of mortgage fraud immediately after it will look even worse for those that try to fight back. It's a good win regardless what she does
Nice win.
Pultie is doing a great job.
People don’t like him bit he’s right. Rates need to go down. People are being destroyed on mortgages and car loans. It’s enough. Powell was late raising rates under Biden now he’s late lowering the. How can you be head of national institution and worth 100 million and be that stupid. It can’t be by accident. You’re so smart you make yourself wealthy but make the nation poor?
If the Democrats, RINOs, and their flunkies in the bureaucracy were merely incompetent, you could reasonably expect that half their decisions would benefit the people of this great nation.
Given that NONE of their decisions benefit We, The People, I can safely say that every one of them is deliberately acting against the best interests of the citizens of this great nation.
It’s impossible that 100% of their actions go in their favor and against We the People
Congress representatives only are there to fill their pockets
Interest rates are historically quite low already! You are right that people are broke and cannot afford their mortgages and car loans but it is not because interest rates.
It's simple. He doesn't care and his handlers enjoy seeing us suffer.
Cook has just said the president has no authority to fire her and she will continue with her duties. Who knew the final boss was the Fed?
Ron Paul knew.
Most Americans think it is federal and that they have a reserve. This is a great issue to show they don't work for us.
They are claiming POTUS does not have authority to fire her. Raising this stink may be the best thing to make people aware that the Fed is not a government organization.
It'll be educational regardless. Here is the referenced statute: 12 U.S. Code § 242 https://uscode.house.gov/view.xhtml?req=(title:12%20section:242%20edition:prelim)
It does say that the President can remove a board member for cause. It doesn't list anything about what constitutes "cause," unless it's defined somewhere else in the section. Either way, they're in a tough spot if they want to argue that dishonesty on a financial contract is acceptable.
If it is established as a creature of law, then it is de facto part of the government, and if it does ANYTHING, that falls under the authority of the Executive. Congress does not have power to create any agency extraneous to the Constitution. That was the whole problem with USAID: Congress creating ad hoc agencies to do its bidding outside of Article 2 of the Constitution.
YES, THIS.
Lisa, YOU'RE FIRED! 💥
Source: https://truthsocial.com/@realDonaldTrump/115092130707196133
I heard this will give Trump a 4-3 advantage with the board of governors.
Trump now has a voting advantage for interest rate reduction.
Can they override Powell? Potus really wants that September rate cut.
Yes they can!
There are 7 governors, Powell is one of them. Powell had a 4-3 vote advantage, when Trump replaces Cook, now Trump has the 4-3 advantage.
Regardless of the Crimes of past Congressional 'laws' there is zero justification in Our Constitution to allow a NON Gov., NON ELECTED group of UNKNOWN power hungry 'bankers' to completely CONTROL The US. Dollar and The US. Economy. The 'federal reserve' must be shut down.
President Trump is setting the bar high for future presidents. Much higher than the last 4[+1?].✊️🇺🇲
Ba-ba-ba-BOOM!
45 is back in the Trash Truck... TAKING OUT THE GARBAGE! KEK
And. Is she refuses to leave.
Wish it had the big beautiful signature in sharpie at the bottom.
It does. Go to the truth post and you can see the 2nd page, including the big beautiful Sharpie signature. https://truthsocial.com/@realDonaldTrump/115092130707196133
He has a way with words, that president of ours!
Thank you for your attention to this matter.
Now do Powell. I bet that he has some skeletons in his closet.
Slowly people might get out of the woke mind virus…. To believe a person with purple hair and black fingernails, along with Satan neck tattoos will make a good fast food worker is what has been going on in many fronts.
Then to fire such a person and that person proclaims they will not leave their post…
Hahaha…
Same thing here but we have one who is cooking the USA dollar.
She was just on tv saying she's going nowhere. She does what she wants. Mortgage fraud is okay for her.
Trump fired an employee of a private non government agency? Interesting!
She just said Potus has no authority to fire her and she’ll continue with her job. Sounds like a job for Kash.
The board iof governors s feferally appointed/removed but the Federal Reserve is privately run. The governors are supposed to control it. It's messed up.
https://www.federalreserve.gov/aboutthefed/fedexplained/who-we-are.htm
beginning of ending the FED? I hope
He makes moves on the the obvious violators 1st, sure she can protest but with that sort of mortgage fraud she won't be there long one way or the other. So if she leaves promptly or fights it & is hauled into court & convicted of mortgage fraud immediately after it will look even worse for those that try to fight back. It's a good win regardless what she does
https://x.com/TaraBull808/status/1960165650619674794
Why did I know this was an Amish before I even look at the picture?