Summary

Federal Reserve Chair Jerome Powell asserts that he cannot be fired by President-elect Donald Trump, citing legal protections under the Federal Reserve Act.

Trump has previously expressed his desire to remove Powell, but legal experts argue that a policy disagreement would not constitute “for cause” removal.

  • dhork@lemmy.world
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    14 days ago

    Within the bounds of his official duties. Which the statute defines. The President can fire many other positions whenever he likes, but not this one.