There is no reason to believe President Trump will ask Jerome Powell to resign; however, with trillions at stake and the power system (bankers) generally in charge of the government, the media has been manufacturing and pushing a hostile narrative about it for quite some time.
Powell’s term on the Fed Board of Governors ends in mid-2026. The president nominates, and the Senate confirms, the FED Board’s chair and two vice chairs for four-year terms. President Trump picked Jerome Powell, then a governor, to be chair, succeeding Janet Yellen when her term was up in 2018. Powell’s term as chair extends to February 2022.
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At the news conference announcing the Fed’s decision to lower interest rates by a quarter point Powell was questioned if he would leave his post if asked by Trump, he answered simply, “No.”
Asked if the president could fire or demote him or other Fed governors, Powell simply replied: “Not permitted under the law.”
The Follow up is below.
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Raise your hand if you are tired of pompous anoles!
Jerome if the “cause” necessary to fire you is “casuse PDJT doesn’t like you” you are gone!
What a bloviating idiot!
By the way Jerome, you are not nearly as in charge as you think you are. I hope I am right about that?
What the heck is with these people who assume no repercussions can come their way?
Well I am just an average American, however it seems to me PDJT should be able to cull the wheat from the chaff. Maybe he cannot dump this creep?
Carry on Treepers and be blest 🙏
The Federal Reserve isn’t under the executive branch.
There is dirt on how Powell mismnaged the Fed. Lots of official complaints of employment abuses that can be unearthed to convince him to resign or get smeared.
Doesn’t surprise me. He’s quite arrogant!
True, but it is suppose to be audited each year BY LAW and has NOT been. Time to audit the hell out of it along with Ft. Knox. Let the people know that our gold was sold off and we are on the BS standard.
Who audits the Feds-?
Themselves???
So WHO put them in charge? And to whom do they report ????? Themselves?
Hey, I have anoles in my yard and none of them are pompous!
Perhaps we could just get rid of the Federal Reserve if you won’t go?
First thing to do is to audit it like like Sen. Paul wanted to do many many years ago. By law it is suppose to be audited, but they have criminally not enforced the law.
Powell can stay with The Fed when it becomes empty & saddled with debt. Trump will move on & have our US Treasury coining currency again while Powell sits in an empty Fed building like Jonah under the tree.
Oh really, Mr. Powell? We shall see! 🤪
Congress created the ‘Fed’ and Congress can eliminate the ‘Fed’.
The banksters (dirty-the Rothschilds maybe?) created the Federal Reserve Bank–a private entity NOT affiliated with the US or the US Treasury-aling with “our” bank notes (Fiat currency-the Fed lets us use these usury notes for monopoly money.)
Then congress better do it soon!🇺🇸
It sounds like a reporter trying to create a story by ginning up a conflict where there is none. Powell was appointed by Trump I see no reason why he should not keep him. all your doing is helping the Democrats by promoting this story.
Name the man and I’ll find a crime. Play the Democrat way.
You’re Fired!!!!!!!!!!!!!!!!!!!!!!!!!
‘each member shall hold office for a term of fourteen years from the expiration of the term of his predecessor, unless sooner removed for cause by the President. Of the persons thus appointed, 1 shall be designated by the President, by and with the advice and consent of the Senate, to serve as Chairman of the Board for a term of 4 years, and 2 shall be designated by the President, by and with the advice and consent of the Senate, to serve as Vice Chairmen of the Board, each for a term of 4 years, 1 of whom shall serve in the absence of the Chairman, as provided in the fourth undesignated paragraph of this section, and 1 of whom shall be designated Vice Chairman for Supervision.’
Section 10. Board of Governors of the Federal Reserve System1. Appointment and qualification of members
“JEROME POWELL
YOUR FIRED !”
45-47
He has declared defiant opposition.
End the fed
Pressure congress to audit the fed like they are suppose to do by law. Trump can enforcement of the law and this is one that needs super close scrutiny and go over with a fine tooth comb. Audit the gold reserve Ft. Knox too.
The media are the problem. Working overtime to create anxiety and hostility. How is posing random hypotheticals considered journalism, or helpful to the public?
That he says he will not resign and is NOT REQUIRED to leave upon demand PROVES the Federal Reserve is not properly “under the POTUS” and is an extra-constitutional NGO in control over our money.
This needs to be amplified.
What if President Trump leaves ALL seats, of expiring terms on the FED, unfilled for a while??? Say unfilled until late 2028??
End the Fed!