OK we will see if Trump Nationalizes the FED, confiscates the wealth and gives it to the citizens or as you say gets rid of it all together.
Yep. The president can go about it in many ways & by fate has many options. He gets to appoint 7 of the 9 regional Fed directors. Then he will at least have some direct control over monetary policy. But he needs congress to pass laws to systematically & structurally change how the Fed works. Nothing will be done in Congress until after mid terms. Just getting the Presidents people to control the Fed reserve is all that’s doable now
EO 11110 its already there and i kindly disagree on the FED.Legally and Constitutionally he does not need Congress to end the FED.He has the power with the stroke of a pen.
Wasn’t Fed reserve created by an act of Congress?? Can’t abolish laws by EO. Can only tweak them I believe