Trump spewing idiocy about firing Powell again. Trump says he may have to change his mind about firing Fed chair Powell https://finance.yahoo.com/news/trump-says-may-change-mind-221047381.html WASHINGTON (Reuters) -U.S. President Donald Trump said on Friday he may have to change his mind about firing Federal Reserve Chairman Jerome Powell. Trump made the comment in a lengthy social media post criticizing the Federal Reserve's decision to not lower interest rates. "I don't know why the Board doesn't override (Powell)," Trump wrote. "Maybe, just maybe, I'll have to change my mind about firing him? But regardless, his Term ends shortly," Trump added. "I fully understand that my strong criticism of him makes it more difficult for him to do what he should be doing, lowering Rates, but I've tried it all different ways," Trump said.
Trump should fire Powell. the fed should be an extension of the president. If Trump wants to embark on inflationary policies, the fed should accommodate him and cut rates. if that distorts markets and the economy, they should openly take the blame for his inflationary policies. powells unwillingness to do this is disloyal to the president.
That's my point. as such he should beholden to the president. This isn't like an election where the people vote for a president and the president should be beholden to the people.