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highplainsdem

(48,731 posts)
Fri Jan 4, 2019, 11:59 AM Jan 2019

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

6 replies = new reply since forum marked as read
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Fed chief Jerome Powell says he would not resign if Trump asked him to (Original Post) highplainsdem Jan 2019 OP
Good for him. redstatebluegirl Jan 2019 #1
From my Twitter feed Gothmog Jan 2019 #2
He doesn't have to. As I understand the Fed, 45's not his boss. ancianita Jan 2019 #3
Good. That's about the last job I want to see staffed LuvNewcastle Jan 2019 #4
This is why I feel that anyone Trumps asks to run a department, Cold War Spook Jan 2019 #5
Cheeto thinks the Fed is some third world central bank sandensea Jan 2019 #6
 

Cold War Spook

(1,279 posts)
5. This is why I feel that anyone Trumps asks to run a department,
Fri Jan 4, 2019, 03:32 PM
Jan 2019

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.

sandensea

(21,530 posts)
6. Cheeto thinks the Fed is some third world central bank
Fri Jan 4, 2019, 05:27 PM
Jan 2019

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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