Does the president have legal authority to fire the Fed chair?
12-25-18, President Trump's recent criticism of Jay Powell, chairman of the Federal Reserve, has prompted questions about whether the president might try to fire him. Binyamin Appelbaum said,"The law doesn't say anything about it, and opinion is divided. There are some who think the president has considerable latitude to do that [fire the fed chairman], basically, for any reason that he would like. There are others who think there's an amount of protection, that the president would need to find some cause beyond a policy disagreement even to remove Mr. Powell as chairman."
Pres Trump lashes out at the Fed Raising Interest Rates Too Fast!
12-24-18, The last rate hike in June 2018 took rates from 1.75 percent to 2 percent, and the members of the committee have generally demonstrated support for two more rate hikes before the end of the year. "The only problem our economy has is the Fed," Trump tweeted Monday, 12-24-18. Last week, the Federal Reserve announced it will raise interest rates to a range of 2.25 percent to 2.5 percent.
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2-12-21, When we look at the truth of God and His requirement for salvation we realize there's only two 'religions.' WORKS or FAITH': Whether it be Catholicism, Judaism, Islam, Mormonism that all preach doing certain 'works' to achieve forgiveness and eternal life with God; OR FAITH: repentance and trust in the finish work of Jesus living for Him. Ephesians 2:8-10, John 3:36.
✝️ 6-8-20, Jesus is God; He came to save sinners. “For He [Jesus] Whom God sent speaks the words of God: The Father loves the Son & has given all things into His hand. He that believs on the Son hath everlasting life & they that believes not the Son shall not see life; but the wrath of God abideth on them.” John 3:34-36
✝️ 6-7-20, The Lord □ Jesus spoke from the cross first of forgiveness, salvation then of His Mother's care into John's hands. He spoke of being forsaken & then triumph as His task as human was complete shedding His perfect blood for the forgiveness of sins to all who repent believing in Him. His body was thirsty. And last of His reunion with the Father. Matthew 27:46; Luke 23:34, 43, 46; John 19:26-28, 30; Mark 15:34
✝️ 5-7-20, Sins □ Jesus Harshly Condemns; He said, “God knows our hearts: for that which is highly esteemed among men is abomination in the sight of God. V9 For all those who exalt themselves will be humbled, and those who humble themselves will be exalted.” [Pride] Luke 16:15, 18:9-14; Hebrews 1:8-9
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