Today on Hidden Secrets Revealed – Live! ™
The Truth Is President Trump Can Remove Powell. Speaking at the New York Times’ DealBook summit, Powell reassured the audience that the Fed’s independence remains intact. Powell insists that the Fed can set interest rates without political interference. The Fed’s decisions benefit all Americans. Rather than serving a specific political agenda. President Trump has threatened to remove Federal Reserve Chairman Jerome Powell. Powell insists that such a removal is “not permitted under the law”. The U.S. President can remove the Federal Reserve Chairman only “for cause,” which typically means misconduct or impropriety, not for policy disagreements.
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