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aidanjersey.bsky.social
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4 days ago
FWIW, the EO explicitly makes an exception for the Federal Reserve.
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jackjones23.bsky.social
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4 days ago
"The Constitution requires all federal agencies be accountable to the President. But the Constitution also has an exception that the Federal Reserve need not be accountable. Just read the Constitution. That's what it says."
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sfrazer.bsky.social
•
4 days ago
Yeah, like Walter said upthread, probably to keep the markets from melting down.
But how stupid does the market have to be to look at the carve out and go “well, surely he’ll keep his word on that”
The “wisdom” of the market is short-term, self-interested greed.
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But how stupid does the market have to be to look at the carve out and go “well, surely he’ll keep his word on that”
The “wisdom” of the market is short-term, self-interested greed.