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Trump attacks Fed, throws chains on the beast
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Trump is the fucking man!
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That is from a Congressman, not from Trump.
I don't know how much sway a Congressman (even though he is Vice Chairman of the House Financial Services Committee) has over the Fed. I mean he can complain and all but a letter from a Congressman is just a letter from a Congressman, it carries no authority to do anything. It is simply a Congressman stating his/her opinion. We will see how it all pans out. . |
Trump has more or less ordered all government agencies to STOP everything. Which is impossible.
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The Fed is not run by the President and only gets its authority from congress...and it is not funded by the US - therefore anyone can throw anything they want at it...the Fed will do whatever it wants - and always has. And they definitely are not a government agency
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YAY!!! one letter from a congressman ... (circular file)
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"opaque decision making process" dummy. One adjective.
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