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To: DoodleDawg
Won't resign and there is no cause to fire him.

Is Fed Chairman a position that is somehow protected by some law? What prevents a president from firing him for any reason or no reason at all?
4 posted on 01/04/2019 8:20:14 AM PST by AnotherUnixGeek
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To: AnotherUnixGeek
Is Fed Chairman a position that is somehow protected by some law? What prevents a president from firing him for any reason or no reason at all?

The Federal Reserve is an independent agency. Under the law the Fed Chair is appointed by the President and confirmed by the Senate, but once in office can only be removed for cause. Disagreeing with the President is not sufficient cause for removal.

16 posted on 01/04/2019 8:26:10 AM PST by DoodleDawg
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To: AnotherUnixGeek

I am really starting to see how the globalist establishment has taken self rule out of then hands of the people in so many ways. This is just one example.


32 posted on 01/04/2019 8:37:08 AM PST by central_va (I won't be reconstructed and I do not give a damn)
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