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Fri Jan 4, 2019, 10:59 AM

Fed chief Jerome Powell says he would not resign if Trump asked him to

Source: CNBC

Federal Reserve Chairman Jerome Powell said Friday he would not resign from his post if President Donald Trump asked him to.

"If the president asked you to resign, would you do it?" The moderator at the American Economic Association's annual meeting in Atlanta asked Powell, to which he replied, "No."

Powell also said he had not received any direct communication from the White House about unhappiness with the central bank's rate policy, nor had any meeting between the president and him been scheduled.

"I would say that meetings between presidents and Fed chairs do happen," was all that Powell said when asked if he would meet with the president.

-snip-

Read more: https://www.cnbc.com/2019/01/04/fed-chief-jerome-powell-says-he-would-not-resign-if-trump-asked-him-to.html

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Reply Fed chief Jerome Powell says he would not resign if Trump asked him to (Original post)
highplainsdem Jan 4 OP
redstatebluegirl Jan 4 #1
Gothmog Jan 4 #2
ancianita Jan 4 #3
LuvNewcastle Jan 4 #4
Cold War Spook Jan 4 #5
sandensea Jan 4 #6

Response to highplainsdem (Original post)

Fri Jan 4, 2019, 11:08 AM

1. Good for him.

Trumper would lose it if someone told him no who "worked for him".

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Response to highplainsdem (Original post)

Fri Jan 4, 2019, 11:16 AM

2. From my Twitter feed

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Response to highplainsdem (Original post)

Fri Jan 4, 2019, 12:23 PM

3. He doesn't have to. As I understand the Fed, 45's not his boss.

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Response to highplainsdem (Original post)

Fri Jan 4, 2019, 12:43 PM

4. Good. That's about the last job I want to see staffed

by one of Trump's cronies.

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Response to highplainsdem (Original post)

Fri Jan 4, 2019, 02:32 PM

5. This is why I feel that anyone Trumps asks to run a department,

but does not agree with Trump, should take the job. Then do what is right no matter how much Trump is against it. Just make sure that the people know why you took the job and what changes you are making.

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Response to highplainsdem (Original post)

Fri Jan 4, 2019, 04:27 PM

6. Cheeto thinks the Fed is some third world central bank

Where the central banker is usually the president's own money launderer, and of course serves at the sole pleasure of his dictator.

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