Can President Trump Fire the Fed Chair?
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Can President Trump Fire the Fed Chair?
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About this listen
Can President Trump fire Jerome Powell, the Chair of the Federal Reserve Board? When bankers run central banks, economies are stable. When politicians run central banks, economies blow up. The Federal Reserve is an independent agency, and Jerome Powell can only be fired for cause. But the Supreme Court has made it clear that it doesn’t like independent agencies. What is likely to happen?
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