President Trump tweeted on Friday that Jerome H. Powell chair of the Federal Reserve might
be...
Advanced Placement (AP), 22.04.2020 18:50, herchellann302
President Trump tweeted on Friday that Jerome H. Powell chair of the Federal Reserve might
be a bigger enemy of the United States than China's president because the Fed has refused
Trump's demand to lower interest rates significantly. The president said that the high cost of
borrowing hurts the US. economy.. but today unemployment is near an all-time low and
inflation is below the Fed's 2 percent target. Trump's trade war - particularly his on again
off-again tariffs - has dented business confidence and could push the economy into a
recession. To forestall that, he wants the Fed to lower rates. The Senate confirmed Powell to a
four-year term as chair in addition to a 14-year term as govemor. The law says that governors
can only be fired for cause, and courts don't typically construe policy differences as cause
Institutionally, the Fed is insulated from the rest of the government. Its funds come not from
Congress but from its own operations; Fed govemors have extraordinary long terms and so
forth
(A) Describe what specific informal power of the president that Trump is exercising in the
scenario.
Answers: 2
Advanced Placement (AP), 24.06.2019 06:00, tyquanvicks13
In a government based on the consent of the governed, who has the ultimate authority?
Answers: 2
Advanced Placement (AP), 25.06.2019 11:50, loganharper992
Some studies have found that what percentage of students have cheated in some form? a. 10% b. 25% c. 45% d. 75%
Answers: 1
Advanced Placement (AP), 26.06.2019 04:00, ayoismeisjjjjuan
Analyze the misfit’s statement: “she would have been a good it had been somebody there to shoot her everyday of her life.”
Answers: 1
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