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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Powell: "I won't quit"

Powell: "I won't quit"

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  • jon-nycJ Offline
    jon-nycJ Offline
    jon-nyc
    wrote on last edited by
    #23

    Do you think he’ll try to fire Powell?

    Or is he just setting him up to be blamed for the likely recession that Trump and Trump alone and nobody else but Trump is bringing on?

    Thank you for your attention to this matter.

    1 Reply Last reply
    • taiwan_girlT Offline
      taiwan_girlT Offline
      taiwan_girl
      wrote on last edited by
      #24

      Can he fire him? I thought it was not possible.

      jon-nycJ 1 Reply Last reply
      • 89th8 Offline
        89th8 Offline
        89th
        wrote on last edited by 89th
        #25

        Whether he fires Powell or later replaces him (next year?) with a Hulk Hogan type person when his term is up, I am (in a slightly tin-foil hat way) concerned it would lead to a ripple effect that'll really put the US dollar at risk sending the world into a massive financial depression.

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        • taiwan_girlT taiwan_girl

          Can he fire him? I thought it was not possible.

          jon-nycJ Offline
          jon-nycJ Offline
          jon-nyc
          wrote on last edited by
          #26

          @taiwan_girl said in Powell: "I won't quit":

          Can he fire him? I thought it was not possible.

          Under the law it isn’t but he may try to test that in the courts under the ‘unitary executive’ theory.

          Thank you for your attention to this matter.

          1 Reply Last reply
          • taiwan_girlT Offline
            taiwan_girlT Offline
            taiwan_girl
            wrote on last edited by
            #27

            President Donald Trump said Tuesday he has no plans to fire Federal Reserve Chair Jerome Powell, just days after his statement that he would like to terminate the head of the U.S. central bank caused a stock market selloff.

            https://apnews.com/article/federal-reserve-trump-jerome-powel-4710172f1fd4d6493769ac0b81703c01

            Do we have a "whiplash" emoji? LOL. Was he lying then or is lying now?

            1 Reply Last reply
            • jon-nycJ Offline
              jon-nycJ Offline
              jon-nyc
              wrote on last edited by
              #28

              Yes.

              Thank you for your attention to this matter.

              1 Reply Last reply
              • jon-nycJ Offline
                jon-nycJ Offline
                jon-nyc
                wrote on last edited by jon-nyc
                #29

                Seriously he’s lying now. He wants to fire him but he can’t (most likely) and if he did the dollar would go full Weimar.

                Thank you for your attention to this matter.

                1 Reply Last reply
                • 89th8 Offline
                  89th8 Offline
                  89th
                  wrote last edited by
                  #30

                  Worth the watch. Trump gets fact checked in real time….by Powell.

                  Link to video

                  1 Reply Last reply
                  • HoraceH Offline
                    HoraceH Offline
                    Horace
                    wrote last edited by
                    #31

                    I hope our national nightmare of cost overruns in the federal reserve construction project will be over soon.

                    Education is extremely important.

                    kluursK 1 Reply Last reply
                    • HoraceH Horace

                      I hope our national nightmare of cost overruns in the federal reserve construction project will be over soon.

                      kluursK Offline
                      kluursK Offline
                      kluurs
                      wrote last edited by
                      #32

                      @Horace said in Powell: "I won't quit":

                      I hope our national nightmare of cost overruns in the federal reserve construction project will be over soon.

                      Certainly, a top priority for all Americans.

                      1 Reply Last reply
                      • jon-nycJ Offline
                        jon-nycJ Offline
                        jon-nyc
                        wrote last edited by
                        #33

                        A shame the penny pincher wasn’t in congress a couple weeks ago with his hard hat.

                        Thank you for your attention to this matter.

                        1 Reply Last reply
                        • MikM Offline
                          MikM Offline
                          Mik
                          wrote last edited by
                          #34

                          Sometimes Donald doesn't know when to stop pushing.

                          "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

                          1 Reply Last reply
                          • Doctor PhibesD Online
                            Doctor PhibesD Online
                            Doctor Phibes
                            wrote last edited by
                            #35

                            Who's the heroic figure not wearing the hard hat? They should put that guy in charge!

                            Actually, scratch that, there's a bunch of other dispensable people in the background without them too.

                            I was only joking

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