The president is looking for a new Fed chair who is “unstintingly loyal.”
    • @ChonkyOwlbear@lemmy.world
      60•3 months ago

      I think he assumes that as long as nobody in the police or military stops him, he has the authority to do whatever he wants.

      • @Uli@sopuli.xyz
        9•3 months ago

        Or he just wants it to make the news so his co-conspirators can buy low after which point he can reverse course in (rolls die) 3 days and they can sell high.

    • @abdominable@lemm.ee
      23•3 months ago

      Doge has taken over private businesses and the supreme Court says the president can do anything they want (with some fine print that says as long as they are Republican).

      Our laws mean nothing now.

        • @Soup@lemmy.world
          7•3 months ago

          And yet, if Trump replaces the chair with a yes-man and no one stops him then he does control the fed and therefore the money. And it doesn’t look like anyone is stopping him from doing this kind of shit any time soon.

          Fucking hell, it isn’t that complicated.

    • @evenglow@lemmy.world
      15•3 months ago

      Last time, it took weeks of multiple people telling Trump the President doesn’t print money. Weeks…

    • @Carmakazi@lemmy.world
      14•3 months ago

      I’d think he loses sleep over the idea that someone so powerful doesn’t answer to him, the Supreme Leader President of the United States. So he wants to correct it.

      • Rhaedas
        4•3 months ago

        Isn’t that now “PRESIDENT OF THE UNITED STATES”?

    • @cabron_offsets@lemmy.world
      12•3 months ago

      So far, exactly two forces have stopped the worst of his actions: federal courts and a “yippy” market. The courts are frail. The USD, equity markets, and Treasuries are only formidable if people have faith in American leadership and the rule of law. Draw your own conclusions. I will buy more precious metals.