Posted on 09/28/2016 3:08:02 AM PDT by expat_panama
Something else is that I'm seeing the Fed not working as well since Obama put Yellen in charge; my take is that the U.S. will be better off w/ someone else (named by Trump) in charge..
Would she quit before she’s fired?
well good....then Trump can put in someone useful
Pres can’t fire Fed Reserve Chair. I believe the Chair doesn’t even report to the Pres, just to Congress.
Is she going to leave the country like Rosie O’Donnell?
“Pres cant fire Fed Reserve Chair. I believe the Chair doesnt even report to the Pres, just to Congress.”
Fine pull an Andrew Jackson and abolish the whole thing like he did with the BUS. Turn the responsibilities over to the Treasury department
Simply have Congress order a full financial audit of the Fed’s activities. (Republicans should have a good majority after November, use it.)
Now that will (a) REALLY get the attention of Yellin and everybody else in charge there and (b) show everyone who’s in charge.
If the Fed has got nothing to hide, an audit should be no problem, right?
Pres can’t shut down Fed Reserve either. Unlike Jackson’s National Bank, there is no expiration date on the Fed Reserve charter. Congress calls the shots.
Yep. Exactly.
Except large numbers of Trump supporters proudly proclaim they they will not vote for down-ticket Republicans, so the GOP will likely be weaker in Congress.
She shouldn’t let the door hit her on the way out.
Of all the offices Trump wants to put new people, it is anything that has to do with money !
Don’t let the door hit you in the butt Yellen, you will NOT be missed.
Now, if we can get Comey impeached. I think they would like to impeach that a$$ hat in the IRS too.
Trump doesn't have the authority to fire Yellen.
Another reason to vote for Trump!
I thought Trump's complaint was that the Fed was too political. You want to turn the functions over to an agency run by political appointees? Good plan.
He could always do whet Kennedy did and make an executive order stopping the Federal Reserve from charging the Government interest.
We saw how that worked out.
Every fed bank is audited yearly by an outside auditing company and by a government agency. What more do you want?
It’s tricky. The Fed Chairman serves at the pleasure of the President. He can pressure congress to have her removed.
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