President Trump tweeted on Friday that Jerome H. Powell chair of the Federal Reserve might
be...
Social Studies, 22.04.2020 19:16, tdyson3p6xvtu
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: 3
Social Studies, 22.06.2019 01:00, crazyquestions71
Stephanie wants to see what percentage of her employees' total working hours are spent working overtime. in the cell, enter a formula that divides sarah's overtime hours (cell c7) by her total hours worked (cell f7)
Answers: 1
Social Studies, 22.06.2019 16:10, ashtynbursiaga
Personal finance skills have the most significant impact on an individual’s
Answers: 3
Social Studies, 23.06.2019 03:10, jessikamacadlo8948
How is citizenship achieved in the united states? check all that apply. citizenship by birth citizenship by residency citizenship by naturalization citizenship by employment citizenship by immigration
Answers: 3