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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.

2 Answers

1 vote
President Trump 2020!!!
User Ndtreviv
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4 votes

Answer:

in President Trump's 2018 financial disclosure ... (asking Cohen to “state what you've been convicted of”). Seeking ... the Court explained that Congress's “power of inquiry . . . is an ... Mazars details several “specific concerns raised by the [firm's] ... required in this scenario as opposed to any other. President Trump likes to make bold, unqualified, and outrageously incorrect ... The "federal government has absolute power . ... That constitutional authority of the states is independent of the ... how governors are exercising their constitutional and statutory authority in a ... My scenario is more plausible.

Step-by-step explanation:

User Ashirwad
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4.2k points