BIG BREAKING: President Trump To Replace Fed Chair Jerome Powell

[Oddball]

Our whole Constitution is based on checks and balances. The law that created the Fed Reserve specified the head would be independent and free of political pressures. Giving one man supreme authority is a dangerous precedent.

Not an answer.

Where, SPECIFICALLY, in the Constitution is there check and balance for a central bank that issues a commercial fiat currency?

In fact, where is there a provision for a central bank at all?

 

[Clipper]

WTF is this MAGA stuff. Who are they ? Where do you join them ? Do they like nazis like OMB ?

MAGA are a bunch of willfully stupid sheeple who just have to bleeeeeve whatever they're told by Trump & his lackeys such as Bondi & people like Joni "We're All Gonna Die" Ernst not to mention billionare oligarchs who own THEM.

Btw, that MAGA slogan was ripped off by Trump & his keeper's from Reagen who used it more than 40 years ago.

 

[Mack The Finger]

MAGA are a bunch of willfully stupid sheeple...

Who is in charge of labeling them ?

 

[alang1216]

Not an answer.

Where, SPECIFICALLY, in the Constitution is there check and balance for a central bank that issues a commercial fiat currency?

In fact, where is there a provision for a central bank at all?

The Constitution states that Congress is responsible for enacting laws and the Executive is responsible for executing them. If the law states a position, any position, is independent of the Executive, that is the way it is. Period.

 

[kyzr]

I have not seen anything on news shows supporting this thread.

This is what google says:
"Donald Trump has stated that he does not plan to replace Federal Reserve Chair Jerome Powell, whose term runs through May 2026. Despite his criticisms of Powell, Trump has indicated he will not attempt to cut short Powell's term."

 

[Oddball]

The Constitution states that Congress is responsible for enacting laws and the Executive is responsible for executing them. If the law states a position, any position, is independent of the Executive, that is the way it is. Period.

Also not an answer.

 

[BackAgain]

I don't support Trump doing this.

The fed is supposed to be independent.

I knew we'd get this from Trump, but I'd tell him to his face to get in his lane and stay there.

I have carefully looked a few more times and can’t find the article in our Constitution that says anything about “independent” agencies or entities.

 

[BackAgain]

The Constitution states that Congress is responsible for enacting laws and the Executive is responsible for executing them.

Not exactly what it says. But very very close to the mark. So far, so good.

If the law states a position, any position, is independent of the Executive, that is the way it is. Period.

According to you. But I can’t see any such thing in the Constitution.

 

[sartre play]

Not an answer.

Where, SPECIFICALLY, in the Constitution is there check and balance for a central bank that issues a commercial fiat currency?

In fact, where is there a provision for a central bank at all?

Everything needs checking and balance means no kings or dictators.

 

[kyzr]

Not exactly what it says. But very very close to the mark. So far, so good.
According to you. But I can’t see any such thing in the Constitution.

Actually the USSC said that Pocahontas' CFPB cannot be independent, it has to be under the executive.
USAID thought that they were independent, they found out too.
The Fed has a "gentleman's agreement" to be more independent than most agencies, but they also need to be non-partisan.
Powell lowered rates just before the 2024 election, and now won't lower them even with good reasons to lower them.
Inflation is 2.3% and dropping.

 

[alang1216]

Also not an answer.

You mean it's an answer you don't like.

 

[Missouri_Mike]

I respect that to some, this is like high level crisis mode.

But that's sentiment from a bygone era...

It's 2025.

And this shit is ******* epic:

BIG BREAKING: President Trump to replace Fed Chair Jerome Powell – The Right Scoop

therightscoop.com

MAGA is now in control.

Once the interest rate drops the economy is going to explode. The last thing democrats want.

 

[alang1216]

Not exactly what it says. But very very close to the mark. So far, so good.

According to you. But I can’t see any such thing in the Constitution.

Look again and connect the dots.

 

[AntonToo]

I respect that to some, this is like high level crisis mode.

But that's sentiment from a bygone era...

It's 2025.

And this shit is ******* epic:

BIG BREAKING: President Trump to replace Fed Chair Jerome Powell – The Right Scoop

therightscoop.com

MAGA is now in control.

Over the last few days Trump seems to have lost whatever was left of his degenerate little mind.

This is very bad for America.

 

[AntonToo]

Once the interest rate drops the economy is going to explode. The last thing democrats want.

Expolode is the right word, can't disagree with you there.

 

[BackAgain]

Look again and connect the dots.

Is that a confession that you have no facts to offer? No citations? No authority?

 

[OldFlame]

I really want to study eschatology more too. It's fascinating to me. As for scriptures on someone who prepares the way....I need to look into this more, but I think the 'False Prophet' could be considered the enemy's equivalent of John the Baptist. But the reason that idea first came to me was because of Trump's name... the meaning of his first and last name. And also a few other reasons. I did a thread on that. That might have been the thread where you and I had this conversation before, but you're right, we never really settled on it. Anyway, I know we're totally off topic here...lol. But now I want to study this topic, specifically about the false prophet. If I find something interesting on this, I'll let you know!

And Trump will do exactly has he tried to do in his first term, being attacked from all sides, try to reverse the damage the left has tried to do to this country. He will serve his 4 years, hopefully leave the country much better than when he inherited it, and then live out the rest of his life in hopeful peace and quiet. And nothing you nutter conspiracy theorists drone on and on about will remotely come true, as usual.

 

[Billiejeens]

MAGA stands for a Trump campaign slogan, Make America Great Again...

Also
MAGA= Trumpers
Trumpers= Trump followers

US loving Americans

 

[Missouri_Mike]

MAGA stands for a Trump campaign slogan, Make America Great Again...

Also
MAGA= Trumpers
Trumpers= Trump followers

Have you ever noticed your campaign slogans have nothing to do with making America great? Quite the opposite really.

 

[Crepitus]

I respect that to some, this is like high level crisis mode.

But that's sentiment from a bygone era...

It's 2025.

And this shit is ******* epic:

BIG BREAKING: President Trump to replace Fed Chair Jerome Powell – The Right Scoop

therightscoop.com

MAGA is now in control.

Fully expected. His appointment was a mistake from tRump's point of view right from the start. I mean the man actually turned out to be halfway competent!!

Can't have that in the tRump administration.