Trump cannot fire Fed Chairman Powell: Morgan Stanley

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U.S. President Donald Trump may be unhappy with Federal Reserve Chairman Jerome Powell, but he has no authority to remove the central bank head from office, Morgan Stanley said.

 

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Everyone knows this. Love fakenews reporting it.

Why the hell do we have to get this information from a bank. Shouldn't our government know this?

Can’t remove him cause it’s not actually a government agency.

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