Trump May Not Be Able to Fire Powell but He Can Take Out Everyone Else at the Fed, PUMP
We all know that President Donald Trump can’t fire Federal Reserve Chairman Jerome Powell. But the rest of the board? They’re fair game. And he knows it. So do they, which is why some are reportedly already seeking help to keep their jobs. The Federal Reserve Board consists of seven members, each appointed by the president and confirmed by the Senate. With many of Biden’s current appointments in key positions, Trump may feel the need to clean house.
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