Does the president have the ability to fire the Fed chair?
Clip: 12/26/2018 | 5m 47sVideo has Closed Captions
Does the president have legal authority to fire the Fed chair?
President Trump's recent criticism of Jay Powell, chairman of the Federal Reserve, has prompted questions about whether the president might try to fire Powell. But does he have the legal authority to do so? New York Times correspondent Binyamin Appelbaum joins Nick Schifrin to discuss the need for an independent Federal Reserve and how these "uncharted waters" have unsettled financial markets.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
Does the president have the ability to fire the Fed chair?
Clip: 12/26/2018 | 5m 47sVideo has Closed Captions
President Trump's recent criticism of Jay Powell, chairman of the Federal Reserve, has prompted questions about whether the president might try to fire Powell. But does he have the legal authority to do so? New York Times correspondent Binyamin Appelbaum joins Nick Schifrin to discuss the need for an independent Federal Reserve and how these "uncharted waters" have unsettled financial markets.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...