President-elect Donald Trump has sent mixed signals for years on whether he would fire or demote Jerome Powell. But Powell made it clear Thursday that he won’t be going anywhere even if Trump tried.

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.

  • Ham Strokers Ejacula@reddthat.comEnglish
    6·
    11 days ago

    So all he has to do is get his faithful blackshirts to murder him and then everyone else will get the message.

    Or maybe he accidentally falls off a high building.

    • NJSpradlin@lemmy.world
      5·
      11 days ago

      The first members of the administration, Congress, or the SC who aren’t faithful enough will be the ones who ‘commit suicide by throwing themselves out their hotel windows’, the rest will rubber stamp any and every maga law, to include anything that would prevent him from being president for life, like his buddy Putin.