The comments came after the Supreme Court indicated that President Donald Trump does not have the authority to arbitrarily fire Fed Chair Jerome Powell.
The Supreme Court ruled a little while back that the president can fire pretty much any employee of any federal agency for any reason with the fed chair being the sole exception. They ruled Powell can only be fired “with cause” which is why Trump made a stink about a new fed building a week ago, calling it “misappropriation of funds”. It was just the pretext to fire him.
The Supreme Court ruled a little while back that the president can fire pretty much any employee of any federal agency for any reason with the fed chair being the sole exception. They ruled Powell can only be fired “with cause” which is why Trump made a stink about a new fed building a week ago, calling it “misappropriation of funds”. It was just the pretext to fire him.