berg80
Diamond Member
- Oct 28, 2017
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........if trump were able to orchestrate the firing of Fed Chairman Jerome Powell (legal experts say it can't be done for any reason other than malfeasance) and install a lackey who would do as he or she was told by Don.
apnews.com
The markets are freaked out as it is with Don's ability to unilaterally make tariff decisions. Compound that with indirect control over monetary policy, including interest rates, and we're looking at another stock/bond selloff.
Trump suggests he can remove Fed Chair Powell and says he's 'not happy' with him over interest rates
President Donald Trump has attacked Federal Reserve Chair Jerome Powell for not cutting interest rates. And Trump says he could fire Powell if he wanted to.

The markets are freaked out as it is with Don's ability to unilaterally make tariff decisions. Compound that with indirect control over monetary policy, including interest rates, and we're looking at another stock/bond selloff.