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), 23.06.2019 10:30
I’m giving out free points and brainliest to whoever answers this fast and correct : ) if you want to obtain a class e license before you turn 18, you a. be in compliance with school attendance requirements b. have proof of employment c. be a u.s. citizen d. own a motor vehicle
Answers: 2
Advanced Placement (AP), 23.06.2019 19:30
How does public opinion differ on foreign and domestic policy issues? how does this affect the policy- making process?
Answers: 1
Advanced Placement (AP), 26.06.2019 00:40
Lori attended a lecture about the sun, and the presenter had placed this image on the wall. which layer of the sun could this image be referring to?
Answers: 1
Advanced Placement (AP), 26.06.2019 16:00
What are political action committees seeking when they give campaign contributions
Answers: 1
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