On the recordMarch 24, 2025
It is not permitted under the law for the president to fire or demote him or any of the other Fed governors with leadership positions.
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thehill.comIt is not permitted under the law for the president to fire or demote him or any of the other Fed governors with leadership positions.
Powell asserts legal protections against presidential dismissal from the Fed.
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What keeps me awake at night is how do we get that done? I want to hand over to my successor an economy in good shape, and so do all of my colleagues, that's all we ever want.
If we move too slowly, there may be unnecessary losses, painful losses in the employment market.