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Trump 'Doesn't Have Ability' To Fire Fed Chairman Powell, Mulvaney Tells ABC
(Mic Mulvaney is the new “Acting” White House Chief of Staff following John Kelly’s sudden departure.)
After reports that President Donald Trump is eyeing firing Federal Reserve Chairman Jerome Powell circulated over the weekend, Mick Mulvaney, the White House's own budget director, said in a televised interview that the president "now realizes he does not have the ability" to fire the Fed chief.
“The only problem our economy has is the Fed. They don’t have a feel for the market,” Trump said on Twitter. “The Fed is like a powerful golfer who can’t score because he has no touch - he can’t putt!”
“The only problem our economy has is the Fed. They don’t have a feel for the market,” Trump said.
And here I didn't realize that the Fed's main purpose was to sustain the stock market. I'm sure learning a whole lot more about this stuff since Trump was elected!
“The only problem our economy has is the Fed. They don’t have a feel for the market,” Trump said.
And here I didn't realize that the Fed's main purpose was to sustain the stock market. I'm sure learning a whole lot more about this stuff since Trump was elected!
The Fed is like a powerful golfer who can’t score because he has no touch - he can’t putt!”
And I didn’t realize being able to golf well was related to sound financial management. Where’d he get that idea?
Comments
“The only problem our economy has is the Fed. They don’t have a feel for the market,” Trump said on Twitter. “The Fed is like a powerful golfer who can’t score because he has no touch - he can’t putt!”
https://www.reuters.com/article/us-usa-trump-fed/trump-says-the-only-problem-our-economy-has-is-the-fed-idUSKCN1ON0WX
And here I didn't realize that the Fed's main purpose was to sustain the stock market. I'm sure learning a whole lot more about this stuff since Trump was elected!
And I didn’t realize being able to golf well was related to sound financial management. Where’d he get that idea?
https://en.wikipedia.org/wiki/List_of_Trump_administration_dismissals_and_resignations