Question about the FED: If Trump appointed Jerome Powell as the chairman, and appoints members on the board of governors, how are they still able to raise interest rates? Are they going against Trump, or are they not 'really' in control of the FED?
The thing I'm confused about is that Jerome Powell is the chairman, appointed by Trump and confirmed by the Senate. If Q says the FED will raise interest rates, why would Powell allow it, and why would Trump purposely appoint a black hat into the FED? It's almost like the chairman and board of governors have no power in it.
That could work, I don't know why Trump would sabatage is own economy like that. I think it's just that the chairman is just a big nothing, and all the private FED banks in NYC and other places answer to the Roths. Q has said, and we know this, the FED operates outside of US federal law.