Fed Chairman Jerome Powell Says He Won’t Resign, Even If Trump Requests It

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  • Sanders
    Moderator
    • Oct 2024
    • 1519

    Fed Chairman Jerome Powell Says He Won’t Resign, Even If Trump Requests It

    On Thursday, following President Trump’s landslide victory, the Federal Reserve reduced interest rates by 25 basis points, or 0.25%.

    The latest rate cut comes after the Fed slashed rates by 50 basis points in September.

    The benchmark rate is between 4.5% to 4.75%

    Fed Chairman Jerome Powell also informed reporters that he would not resign from his position, even if President Trump asked him to step down.

  • aviator
    Administrator
    • Oct 2024
    • 2168

    #2
    Trump said he can finish his term . He is doing what textbooks say.
    Sometimes I wish I had a Harry Potter's wand and make people go up into smoke.

    Comment

    • Sanders
      Moderator
      • Oct 2024
      • 1519

      #3
      Looking back at the article, it is just a reporter trying to stir shit where nothing was before.

      Comment

      • aviator
        Administrator
        • Oct 2024
        • 2168

        #4
        Fucking MSM again, they wont stop.
        Sometimes I wish I had a Harry Potter's wand and make people go up into smoke.

        Comment

        • GARANDNUT
          Senior Member
          • Oct 2024
          • 342

          #5
          simple fix just abolish the fed. They have no constitutional authority to control the money supply. How we let these kikes worm their way into the pocket of every American is beyond me. The mystery of inequity's ability to manipulate money is impressive.

          Comment

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