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BullNBear52

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BullNBear52

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Re: bar1080 post# 51332

Saturday, 12/22/2018 9:11:28 AM

Saturday, December 22, 2018 9:11:28 AM

Post# of 54376
Trump reportedly wants to fire the Fed chair, a move that could wreak havoc on the financial markets
President Trump has discussed firing Federal Reserve Chairman Jerome Powell recently, with his frustration intensifying in recent days, Bloomberg News reported.
Powell and the Fed this week raised interest rates for a fourth time this year, helping to send the Dow to its worst week since the financial crisis.
It's unclear whether the president has the authority to fire the chairman of the Federal Reserve, which derives its authority from Congress.


https://www.cnbc.com/2018/12/22/trump-reportedly-wants-to-fire-fed-chair-powell.html

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