He cannot fire Powell, but what happens if he sends armed goons in to remove him? - ThreadSky

urocklive1.bsky.social • 29 days ago

He cannot fire Powell, but what happens if he sends armed goons in to remove him?

Trump is said to be "studying" 🙄 if he can fire Jerome Powell. But he really cannot fire him unless there is "just cause". PLUS axing the Fed Chair would risk an ‘apocalyptic’ market reaction, according to economists.

www.telegraph.co.uk/business/202...

Comments

dmb1984.bsky.social•29 days ago

He doesn’t care. I think it’s what he wants. Burn it all to the ground and become king.

felinefury.bsky.social•29 days ago

Meidas Touch is right. Powell is the new Fauci of this administration.

bob0colo.bsky.social•29 days ago

Big Balls and the MuskRats with the Eric Prince 'Militia' can Fix the Federal Reserve for Dear Leader.

gsa713.bsky.social•29 days ago

The armed goons could say no, but we know Trump has surrounded himself with toadies and yes men(?), so that won't happen...

docspkfree.bsky.social•29 days ago

47 “studying now”that’s a good one.
I’d laugh but his shit way too dangerous.

joshua-schipper.bsky.social•29 days ago

The only thing Trump has ever "studied" is his daughter's underwear drawer

7018nickle.bsky.social•29 days ago

irminsulantifa.bsky.social•29 days ago

After the spanking he took on tariffs, I kinda doubt he'll follow through on this one. Just more manipulation and intimidation

jeremyflinn239.bsky.social•29 days ago

He could just ask him to resign. Powell may do it, because he's not a political prick.

delightw2023.bsky.social•29 days ago

He's already said he will not. He will serve his term.

datadoggy.bsky.social•29 days ago

The Twilight Zone episode "It's a Good Life" has a young boy with nearly infinite power and he uses it to destroy anyone who crosses him.

Trump is that little boy.

fishgirl66.bsky.social•29 days ago

The worlds economy collapse

The uncertainty will fuck the markets and us all.

He loves his wallet too much to do that - even he must know it will destroy us

It won’t be a recession it will be a depression.

hellobarbie.bsky.social•29 days ago

I hope Trump fires Powell and as a result goes down in flames.

agnesbrowne.bsky.social•29 days ago

Complete financial meltdown.

lcranston.bsky.social•29 days ago

"I said homegrowns are next, the homegrowns. You gotta build about five more places."

itgetzbybuckner.bsky.social•29 days ago

"apocalyptic" market reaction? as if Trump cares

bibliotecariarr.bsky.social•29 days ago

Using Trump’s name alongside the word “studying”—is simply laughable.

darkrey77.bsky.social•29 days ago

That man isn’t studying a damn thing. Never has and never will.

daveisnothere247.bsky.social•29 days ago

It would trigger a depression

rubyinwolfland00.bsky.social•29 days ago

Are we really still
Saying “he can’t so that “?!? Really ?? He’s gonna do it.

myrno.bsky.social•29 days ago

They can kiss the bond market goodbye the minute they remove Powell.

infiniterest.bsky.social•29 days ago

He wouldn't dare!

vanessachaland.bsky.social•29 days ago

"Armed goons"?
Get a grip....

criticaleyes.bsky.social•29 days ago

It’s right there in your moniker. That’s what this goon squad will do. They still have the bone saws.

healert.bsky.social•29 days ago

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yolowinr.bsky.social•29 days ago

If America survives until the 2026 election it's going to make it so much easier to impeach and remove Trump from office because everyone will be in f** agreement.

There's an impeachment hearing and a separate removal hearing. We didn't successfully remove him last time. need to win
#HouseSenate

wzrdprang.bsky.social•28 days ago

He'll be rounded up and on a plane for El Salvador any day now.

davidsli.bsky.social•29 days ago

How did so many dumb ideologues end up running the country? It’s like an out of control like to like convention. I feel like I’m watching a real life but badly skewed movie version of Olympus Has Fallen but the good guys have yet to appear on screen.

suzannewinland.bsky.social•29 days ago

EXACTLY. I hope Powell has sufficient security protecting him.

patricklaff.bsky.social•29 days ago

No doubt Fox will sublime media circus propaganda about him into the most hated person in the United States. To cause non-stop harassment & death threats towards him & his family. If he dropped a cigarette butt, they'd have 500 pound cops on him & claim he committed the worst crimes in US history.🤬👇

ebroskie1234.bsky.social•29 days ago

Exactly---they need to give him Ft. Knox level security.

mixmitt.bsky.social•26 days ago

#trump making everyday people poor.
Making the rich richer. Making #america weak.

#powell doing his best to make #america stable, prosperous and investable.

theresat45195.bsky.social•29 days ago

The market would collapse within a day I truly believe!

silvermoonfafo.bsky.social•29 days ago

And honestly, after we saw how he gets off on crashing world markets by adding and pausing tariffs at will, I don’t think a market tumble from firing Powell is a disincentive.

rojorurba002.bsky.social•29 days ago

Nightmare

txraven.bsky.social•29 days ago

As if his pansies/goons/yes ppl would care. They will easily allow it.

macedoine.bsky.social•28 days ago

The answer to that question is possible collapse of our financial markets

dermann51.bsky.social•29 days ago

We're a dictatorship. That's what happens.

When judges refused to sentence him to prison, democracy died.

finsnapai.bsky.social•29 days ago

Seems like someone is looking for a "patsy".

gailallen.net•29 days ago

He's so damn dumb.

alinamercedes.bsky.social•29 days ago

… I just thought that… Trump is gonna get Powell killed.

aaahhrealmarcus.bsky.social•28 days ago

He also "cannot" fire the vast majority of people he's fired so far, yet here we are

grace2002.bsky.social•29 days ago

The end of the dollar.

thebournedemocracy.bsky.social•29 days ago

Trump fears people like Powell, the Fed Chair will stay the course

shadowatbluesky.bsky.social•29 days ago

He can fire him - And all he has to do is follow biden's firing of Sean Spicer

dac-nj.bsky.social•29 days ago

Trump freakin appointed Powell Chairman of the Federal Reserve!!! Now Powell’s the worst ever??? Seems like DJT wants to make America’s economy crash…

jefelvs.bsky.social•29 days ago

We are studying to see if we can sack trumpledthinskin & his billionaire oligarchs

elonhater.bsky.social•29 days ago

ICE. Calling Powell a homegrown terrorist.

barbinor.bsky.social•29 days ago

Yes he can’t constitutionally fire Powell, but that’s never stopped Trump.

He can, however, bully & threaten him. Powell, who he appointed in his 1st term, is like Harvard & will not back down.

This is all because Powell won’t lower interest rates. If he did, he could crash the world economy.

drichards915.bsky.social•29 days ago

and by studying he means demanding people around him find him something he can use to get his way

isonope.bsky.social•29 days ago

He doesn’t even study the words on a cocktail napkin some bimbo gave him at mar a lago

holliwinters57.bsky.social•29 days ago

Watch him....he will try to fire him or ice him out of being the head of the Federal Reserve by appointing someone who is more Trumpy.

robinbrenizer.bsky.social•29 days ago

Remove him to where?

jwsnyderjr.bsky.social•29 days ago

#AgentOrange firing Fed chair Powell would set up a showdown at SCOTUS over whether Congress can establish indep agencies whose heads & members can only be fired for cause. It would also be GALACTICALLY STUPID because of the shockwave would destabilized financial markets worldwide.

7018nickle.bsky.social•29 days ago

Unfortunately, this seems the only way. Wealthy individuals have set there bulwarks high and the rest will be swept away in his man made tsunami of treason and skullduggery

usuallyannoyed.bsky.social•29 days ago

He can simply appoint someone else and ostracize anyone that won’t work with him

oldcoastie54.bsky.social•29 days ago

I found it strange yesterday that trump used 3 dollar word, "terminate" relative to Powell... I wondered if it was an order to his crazies... ?

Quite unsettling.

sfannie53.bsky.social•29 days ago

He’s hoping for apocalyptic results. He must be overthrown.

chibebe5.bsky.social•29 days ago

Exactly

paulwartenberg.bsky.social•29 days ago

with any luck every bank out there calls in every loan every Republican official has and bankrupt each one of them, trump included.
Seriously, removing Powell would devastate any remaining trust investors and international banks have with the US.

kenburnside.bsky.social•29 days ago

Why, tens of millions of 2nd Amendment patriots will show up to fight the goons with their handguns, of course!

It's the American way.

No, wait, we just let those people use schools as target ranges.

Sorry, I got nothin'.

don11one.bsky.social•29 days ago

Reminds me of the institute of peace takeover