The SC gave the President the ability to fire Federal agency directors. Yet, since the Federal Reserve is a private corporation with no employee ties to the US government, does PDJT have the authority to fire Powell?
Yes but for cause. Its a clause in their agreement that president can in a very narrow circumstance fire a governor for cause. We know this from lisa cook
in the case of powell, prob not because he's not done anything that amounts to cause. just not doing what president wants isn't cause
that is why if Trump doesn't get satisfaction, he should eliminate the fed if he can
Then the government of the United States should sever business ties with that private establishment and let the job to regulate interest rates go to the Treasury Department.
The SC gave the President the ability to fire Federal agency directors. Yet, since the Federal Reserve is a private corporation with no employee ties to the US government, does PDJT have the authority to fire Powell?
And..... that right there my Fren is when the blindfold begins to come off.
Yes but for cause. Its a clause in their agreement that president can in a very narrow circumstance fire a governor for cause. We know this from lisa cook
in the case of powell, prob not because he's not done anything that amounts to cause. just not doing what president wants isn't cause
that is why if Trump doesn't get satisfaction, he should eliminate the fed if he can
entirely
gone
I hope so...think this is a little dance we are watching..
He might have to apply leverage... Convince him to quit.
Then the government of the United States should sever business ties with that private establishment and let the job to regulate interest rates go to the Treasury Department.
So in other words we just follow the Constitution? Great idea....