MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/wallstreetbets/comments/1jraffn/5_rate_cuts/mlegto1/?context=3
r/wallstreetbets • u/abishop717 • 1d ago
698 comments sorted by
View all comments
Show parent comments
54
I mean I was confused why Biden kept him on but he has proven to know what he is doing. He has lowered inflation without a recession.
-7 u/fuckdonaldtrump7 1d ago edited 1d ago Lmao the Pres doesn't have control to dismiss the Fed chair. They can nominate in conjunction with the Senate. Edit: my bad forgot his term was up in 2022 and Biden could have replaced. 18 u/JayDub1565 1d ago Biden had the opportunity to appoint someone else in 2022, but instead he reappointed JPow. It was about dismissing him 9 u/fuckdonaldtrump7 1d ago Ahh I see his term was up under Biden. Apologies
-7
Lmao the Pres doesn't have control to dismiss the Fed chair. They can nominate in conjunction with the Senate.
Edit: my bad forgot his term was up in 2022 and Biden could have replaced.
18 u/JayDub1565 1d ago Biden had the opportunity to appoint someone else in 2022, but instead he reappointed JPow. It was about dismissing him 9 u/fuckdonaldtrump7 1d ago Ahh I see his term was up under Biden. Apologies
18
Biden had the opportunity to appoint someone else in 2022, but instead he reappointed JPow. It was about dismissing him
9 u/fuckdonaldtrump7 1d ago Ahh I see his term was up under Biden. Apologies
9
Ahh I see his term was up under Biden. Apologies
54
u/Rgarza05 1d ago
I mean I was confused why Biden kept him on but he has proven to know what he is doing. He has lowered inflation without a recession.