Can Trump Say "You're Fired" to the Fed Chair? (with Sarah Binder)
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Legal Dynamics of Firing the Fed Chair
This chapter analyzes the legal and political complexities involved in potentially firing Jerome Powell, the Federal Reserve Chair, by the sitting president. It delves into 'for cause' protections under the Federal Reserve Act, the possible Supreme Court implications, and the chaotic dynamics of a 'shadow chair' scenario. The conversation also reflects on how these actions could impact market confidence and the broader economic environment.
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