John Kennedy turned on President Trump over this bold move
John Kennedy continues to grow more vocal in his opposition to President Trump. It’s a development that no one saw coming. And now John Kennedy turned on President Trump over this bold move. John Kennedy [...]
He can’t fire him to begin with. Only the board can!
First of all, Powell did not cause the recent stock crash, Trump did that with his horrendous tariffs.
It’s the rich man’s fear of losing their money is why the stocks went down. Not because it actually did. It’s the fear of the possibility that they’ll lose money…
Come on Republicans stop this in fighting you all must stay together as one strong party.
Thank you. Mid terms are coming. Republicans must stay together and go vote to keep the majority.
The Fed is in daily contact with the money markets often doing repurchase agreements in which money is taken or added to the system. The Federal Reserve Bank Board of Governors meets every 1 1/2 months to discuss policy with their main focus being to achieve maximum employment, stable prices, and moderate long-term interest rates to achieve needed economic growth. Chairman Powell plus 7 other Board members vote on these matters, and the minutes of each meeting are released for public review 3 weeks after each meeting. Powell’s vote has no extra power than other members’, and he has no others special powers such as veto power. If Trump wants changes to monetary policy, he should look at the Board not at Powell alone.
Kennedy. Shut up. Stay in your lane. You are turning into a ‘Gabby’ sort of guy;
Oh. Let me add….he’s looking like Grandpa of the Munsters.
Powell needs to be gone, Keynesian economics cannot be sustained or supported due to the exorbitant waste and fraud of this government. Mr Trump’s plan is to eliminate this wasteful economic mismanagement!